According to a survey in a country, 18% of adults do not own a credit card. Suppose a simple random sample of 900 adults is obtained. Complete parts (a) through (d) below. Interpret this probability. If 100 different random samples of 900 adults were obtained, one would expect 1 to result in more than 21% not owning a credit card. (Round to the nearest integer as needed.) (c) What is the probability that in a random sample of 900 adults, between 16% and 21% do not own a credit card? The probability is (Round to four decimal places as needed.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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According to a survey in a country, 18% of adults do not own a credit card. Suppose a simple random sample of 900 adults is obtained. Complete parts (a) through (d) below.
Interpret this probability.
If 100 different random samples of 900 adults were obtained, one would expect 1 to result in more than 21% not owning
credit card.
(Round to the nearest integer as needed.)
(c) What is the probability that in a random sample of 900 adults, between 16% and 21% do not own a credit card?
The probability is
(Round to four decimal places as needed.)
Transcribed Image Text:According to a survey in a country, 18% of adults do not own a credit card. Suppose a simple random sample of 900 adults is obtained. Complete parts (a) through (d) below. Interpret this probability. If 100 different random samples of 900 adults were obtained, one would expect 1 to result in more than 21% not owning credit card. (Round to the nearest integer as needed.) (c) What is the probability that in a random sample of 900 adults, between 16% and 21% do not own a credit card? The probability is (Round to four decimal places as needed.)
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