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According to a survey in a country, 38% of adults do not own a credit card. Suppose a simple random sample of 500 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. Approximately normal because n ≤0.05N and np(1-p) < 10 OB. Not normal because n≤0.05N and np(1-p) < 10 C. Approximately normal because n≤0.05N and np(1-P) ≥ 10 COD. Not normal because n≤0.05N and np(1-p) ≥ 10 Determine the mean of the sampling distribution of p (Round to two decimal places as needed.) C Ho

According to a survey in a country, 38% of adults do not own a credit card. Suppose a simple random sample of 500 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. Approximately normal because n ≤0.05N and np(1-p) < 10 OB. Not normal because n≤0.05N and np(1-p) < 10 C. Approximately normal because n≤0.05N and np(1-P) ≥ 10 COD. Not normal because n≤0.05N and np(1-p) ≥ 10 Determine the mean of the sampling distribution of p (Round to two decimal places as needed.) C Ho

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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According to a survey in a country, 38% of adults do not own a credit card. Suppose a simple random sample of 500 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. Approximately normal because n ≤0.05N and np(1-p) < 10 OB. Not normal because n ≤0.05N and np(1-p) < 10 C. Approximately normal because n ≤0.05N and np(1-p) ≥ 10 OD. Not normal because n ≤0.05N and np(1-p) > 10 Determine the mean of the sampling distribution of p. H₂ = (Round to two decimal places as needed.)
Transcribed Image Text:According to a survey in a country, 38% of adults do not own a credit card. Suppose a simple random sample of 500 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. Approximately normal because n ≤0.05N and np(1-p) < 10 OB. Not normal because n ≤0.05N and np(1-p) < 10 C. Approximately normal because n ≤0.05N and np(1-p) ≥ 10 OD. Not normal because n ≤0.05N and np(1-p) > 10 Determine the mean of the sampling distribution of p. H₂ = (Round to two decimal places as needed.)
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