i. what is the distribution of the sample proportion (?̂)? Justify your answer. ii.what is the probability that the individual investment account is female more than 60%? iii. exactly 55% of the individual investment account is female?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CR: Chapter Review
Problem 5CC: a What is meant by an experiment? Sample space? b What is an event? c Define the probability of an...
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Best Property Management estimated that 55% of its individual investment accounts are female. If 25 individual investment accounts are selected randomly,
i. what is the distribution of the sample proportion (?̂)? Justify your answer.

ii.what is the probability that the individual investment account is female more than 60%?

iii. exactly 55% of the individual investment account is female?

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