According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400 FRE. Determine the standard deviation of the sampling distribution of p. (Round to three decimal places as needed.) (b) What is the probability that in a random sample of 400 adults, more than 21% do not own a credit card? The probability is (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 400 adults were obtained, one would expect to result in more than 21% not owning a credit card. (Round to the nearest integer as needed.) (c) What is the probability that in a random sample of 400 adults, between 16% and 21% do not own a credit card? The probability is (Round to four decimal places as needed)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
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ISBN:9780547587776
Author:HOLT MCDOUGAL
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Chapter11: Data Analysis And Probability
Section: Chapter Questions
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According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400
FRE
Determine the standard deviation of the sampling distribution of p.
(A = (Round to three decimal places as needed.)
(b) What is the probability that in a random sample of 400 adults, more than 21% do not own a credit card?
The probability is
(Round to four decimal places as needed.)
Interpret this probability.
If 100 different random samples of 400 adults were obtained, one would expect to result in more than 21% not
owning a credit card.
(Round to the nearest integer as needed.)
(c) What is the probability that in a random sample of 400 adults, between 16% and 21% do not own a credit card?
The probability is
(Round to four decimal nlaces as needed)
According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400
KYRI
If 100 different random samples of 400 adults were obtained, one would expect to result in between 16% and
21% not owning a credit card.
(Round to the nearest integer as needed.)
(d) Would it be unusual for a random sample of 400 adults to result in 64 or fewer who do not own a credit card?
Why? Select the correct choice below and fill in the answer box to complete your choice.
(Round to four decimal places as needed.)
OA. The result is not unusual because the probability that p is less than or equal to the sample proportion is
which is less than 5%.
OB. The result is unusual because the probability that p is less than or equal to the sample proportion is
which is less than 5%.
C. The result is unusual because the probability that p is less than or equal to the sample proportion is
which is greater than 5%.
OD. The result is not unusual because the probability that p is less than or equal to the sample proportion is
which is greater than 5%.
Transcribed Image Text:According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400 FRE Determine the standard deviation of the sampling distribution of p. (A = (Round to three decimal places as needed.) (b) What is the probability that in a random sample of 400 adults, more than 21% do not own a credit card? The probability is (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 400 adults were obtained, one would expect to result in more than 21% not owning a credit card. (Round to the nearest integer as needed.) (c) What is the probability that in a random sample of 400 adults, between 16% and 21% do not own a credit card? The probability is (Round to four decimal nlaces as needed) According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400 KYRI If 100 different random samples of 400 adults were obtained, one would expect to result in between 16% and 21% not owning a credit card. (Round to the nearest integer as needed.) (d) Would it be unusual for a random sample of 400 adults to result in 64 or fewer who do not own a credit card? Why? Select the correct choice below and fill in the answer box to complete your choice. (Round to four decimal places as needed.) OA. The result is not unusual because the probability that p is less than or equal to the sample proportion is which is less than 5%. OB. The result is unusual because the probability that p is less than or equal to the sample proportion is which is less than 5%. C. The result is unusual because the probability that p is less than or equal to the sample proportion is which is greater than 5%. OD. The result is not unusual because the probability that p is less than or equal to the sample proportion is which is greater than 5%.
According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400
adults is obtained. Complete parts (a) through (d) below.
(a) Describe the sampling distribution of p, the sample proportion of adults who do not own a credit card. Choose the
phrase that best describes the shape of the sampling distribution of p below.
OA. Not normal because n ≤0.05N and np(1-p) < 10
OB. Not normal because n ≤0.05N and np(1-p)2 10
OC. Approximately normal because n ≤0.05N and np(1-p) 210
OD. Approximately normal because n≤0.05N and np(1-p) < 10
Determine the mean of the sampling distribution of p.
HA=(Round to two decimal places as needed.)
Determine the standard deviation of the sampling distribution of p.
Transcribed Image Text:According to a survey in a country, 19% of adults do not own a credit card. Suppose a simple random sample of 400 adults is obtained. Complete parts (a) through (d) below. (a) Describe the sampling distribution of p, the sample proportion of adults who do not own a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below. OA. Not normal because n ≤0.05N and np(1-p) < 10 OB. Not normal because n ≤0.05N and np(1-p)2 10 OC. Approximately normal because n ≤0.05N and np(1-p) 210 OD. Approximately normal because n≤0.05N and np(1-p) < 10 Determine the mean of the sampling distribution of p. HA=(Round to two decimal places as needed.) Determine the standard deviation of the sampling distribution of p.
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