According to a study conducted in one city, 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n 200 adults is obtained from the city. Describe the sampling distribution of p, the sample proportion of adults who have credit card debts of more than $2000. Round to three decimal places when necessary. O A. Approximately normat; , =0.32, o, = 0.033 O B. Exactly normal; , =0.32, a, = 0.033 OC. Approximately normal; , =0.32, o, =0.001 OD. Binomial; H =64, a, =6.597

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According to a study conducted in one city, 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n= 200 adults is obtained from the city. Describe the sampling distribution of p, the sample proportion of adults who
have credit card debts of more than $2000. Round to three decimal places when necessary.
O A. Approximately normal; H, =0.32, o, = 0.033
B. Exactly normal; µ, = 0.32, o, =0.033
O C. Approximately normal; u, =0.32, o, = 0.001
O D. Binomial3;
Hp
= 64,
Op
= 6.597
O O O
Transcribed Image Text:According to a study conducted in one city, 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n= 200 adults is obtained from the city. Describe the sampling distribution of p, the sample proportion of adults who have credit card debts of more than $2000. Round to three decimal places when necessary. O A. Approximately normal; H, =0.32, o, = 0.033 B. Exactly normal; µ, = 0.32, o, =0.033 O C. Approximately normal; u, =0.32, o, = 0.001 O D. Binomial3; Hp = 64, Op = 6.597 O O O
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