I need help solving According to a study, the proportion of people who are satisfied with the way things are going in their lives is 0.76. Suppose that a random sample of 100 people is obtained. Complete parts (a) through (e) below.Click here to view the standard normal distribution table (page 1).Click here to view the standard normal distribution table (page 2).(a) Suppose the random sample of 100 people is asked, "Are you satisfied with the way things are going in your life?" Is the response to this question qualitative or quantitative? Explain.O A. The response is qualitative because the number of people satisfied can be counted.O B. The response is qualitative because the responses can be classified based on the characteristic of being satisfied or not.O C. The response is quantitative because the responses can be classified based on the characteristic of being satisfied or not.O D. The response is quantitative because the number of people satisfied can be counted.(b) Explain why the sample proportion, p, is a random variable. What is the source of the variability?O A. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that different people feel differently regarding their satisfaction.B. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that people may not be responding to the question truthfully.O C. The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that different people feel differently regarding their satisfaction.O D. The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that people may not be responding to the question truthfully.(c) Describe the sampling distribution of p, the proportion of people who are satisfied with the way things are going in their life. Be sure to verify the model requirements.Since the sample size isthan 5% of the population size and np(1 – p) =| 10, the distribution of p is▼ with µn =and on =(Round to three decimal places as needed.)Click to select your answer(s).Save for Later

Name: I need help solving According to a study, the proportion of people who
Uploaded: 2024-03-20T07:06:27.000Z
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Description: I need help solving According to a study, the proportion of people who are satisfied with the way things are going in their lives is 0.76. Suppose that a random sample of 100 people is obtained. Complete parts (a) through (e) below.Click here to view

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I need help solving According to a study, the proportion of people who are satisfied with the way things are going in their lives is 0.76. Suppose that a random sample of 100 people is obtained. Complete parts (a) through (e) below.Click here to view the standard normal distribution table (page 1).Click here to view the standard normal distribution table (page 2).(a) Suppose the random sample of 100 people is asked, &#34;Are you satisfied with the way things are going in your life?&#34; Is the response to this question qualitative or quantitative? Explain.O A. The response is qualitative because the number of people satisfied can be counted.O B. The response is qualitative because the responses can be classified based on the characteristic of being satisfied or not.O C. The response is quantitative because the responses can be classified based on the characteristic of being satisfied or not.O D. The response is quantitative because the number of people satisfied can be counted.(b) Explain why the sample proportion, p, is a random variable. What is the source of the variability?O A. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that different people feel differently regarding their satisfaction.B. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that people may not be responding to the question truthfully.O C. The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that different people feel differently regarding their satisfaction.O D. The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that people may not be responding to the question truthfully.(c) Describe the sampling distribution of p, the proportion of people who are satisfied with the way things are going in their life. Be sure to verify the model requirements.Since the sample size isthan 5% of the population size and np(1 – p) =|> 10, the distribution of p is▼ with µn =and on =(Round to three decimal places as needed.)Click to select your answer(s).Save for Later

Accepted Answer

(a)
A random sample of 100 people is asked 
"Are you satisfied with the way the things are going in…