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According to a survey in a country, 24% of adults do not own a credit card. Suppose a simple random sample of 500 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). C Wnat Is uie provaby uratma Tanuom sampie or D00 aduis, Deiween z276 anuZ776 UU TIOL UWIT treun caruY The probability is 0.7944 (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 500 adults were obtained, one would expect 80 to result in between 22% and 27% not owning a credit card. (Round to the nearest integer as needed.) (d) Would it be unusual for a random sample of 500 adults to result in 110 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.) which is less than 5%. O A. 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%. O B. 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%. O 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%. O D. The result is unusual because the probability that p is less than or equal to the sample proportion is

According to a survey in a country, 24% of adults do not own a credit card. Suppose a simple random sample of 500 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). C Wnat Is uie provaby uratma Tanuom sampie or D00 aduis, Deiween z276 anuZ776 UU TIOL UWIT treun caruY The probability is 0.7944 (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 500 adults were obtained, one would expect 80 to result in between 22% and 27% not owning a credit card. (Round to the nearest integer as needed.) (d) Would it be unusual for a random sample of 500 adults to result in 110 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.) which is less than 5%. O A. 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%. O B. 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%. O 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%. O D. The result is unusual because the probability that p is less than or equal to the sample proportion is

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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8.2.18 Question Help According to a survey in a country, 24% of adults do not own a credit card. Suppose a simple random sample of 500 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). O whaTIS UTe probabimty tiaT InaTandom sampie O1 500 aduMs, DElween ZZ70 and Z1 7o 00 TIOOWIT a CreuII caru? The probability is 0.7944. (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 500 adults were obtained, one would expect 80 to result in between 22% and 27% not owning a credit card. (Round to the nearest integer as needed.) (d) Would it be unusual for a random sample of 500 adults to result in 110 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.) which is less than 5%. O A. 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%. O B. 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%. OC. The result is unusual because the probability that p is less than or equal to the sample proportion is which is greater than 5%. The result is unusual because the probability that p is less than or equal to the sample proportion is
Transcribed Image Text:8.2.18 Question Help According to a survey in a country, 24% of adults do not own a credit card. Suppose a simple random sample of 500 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). O whaTIS UTe probabimty tiaT InaTandom sampie O1 500 aduMs, DElween ZZ70 and Z1 7o 00 TIOOWIT a CreuII caru? The probability is 0.7944. (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 500 adults were obtained, one would expect 80 to result in between 22% and 27% not owning a credit card. (Round to the nearest integer as needed.) (d) Would it be unusual for a random sample of 500 adults to result in 110 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.) which is less than 5%. O A. 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%. O B. 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%. OC. The result is unusual because the probability that p is less than or equal to the sample proportion is which is greater than 5%. The result is unusual because the probability that p is less than or equal to the sample proportion is
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