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) thro (b) What is the probability that in a random sample of 900 adults, more than 21% do not own a credit card? The probability is 0.0104. (Round to four decimal places as needed.) Interpret this probability.

MATLAB: An Introduction with Applications
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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.
(b) What is the probability that in a random sample of 900 adults, more than 21% do not own a credit card?
The probability is 0.0104.
(Round to four decimal places as needed.)
Interpret this probability.
If 100 different random samples of 900 adults were obtained, one would expect
to result in more than 21% not owning a credit card.
(Round to the nearest integer 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. (b) What is the probability that in a random sample of 900 adults, more than 21% do not own a credit card? The probability is 0.0104. (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 900 adults were obtained, one would expect to result in more than 21% not owning a credit card. (Round to the nearest integer as needed.)
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