According to a survey in a country, 26% of adults do not have any credit cards. Suppose a simple random sample of 400 adults is obtained. (a) Describe the sampling distribution of p, the sample proportion of adults who do not have a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below. O A. Not normal O B. Approximately normal Determine the mean of the sampling distribution of p. = (Round to two decimal places as needed.) Determine the standard deviation of the sampling distribution of p. a. = (Round to three decimal places as needed.) (b) A certain town believes their residents are less likely own credit cards. They take a random sample of 400 adults in their town. They find a sample proportion of .17. What is the probability of getting 17 or less? The probability is (Round to four decimal places as needed.) Would this be considered unusual? O A. Yes O B. No

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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According to a survey in a country, 26% of adults do not have any credit cards. Suppose a simple random sample of 400 adults is obtained.
(a) Describe the sampling distribution of p, the sample proportion of adults who do not have a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below.
O A. Not normal
O B. Approximately normal
Determine the mean of the sampling distribution of p.
Ha = (Round to two decimal places as needed.)
Determine the standard deviation of the sampling distribution of p.
đA = (Round to three decimal places as needed.)
(b) A certain town believes their residents are less likely to own credit cards. They take a random sample of 400 adults in their town. They find a sample proportion of.17. What is the probability of getting 17 or less?
The probability is . (Round to four decimal places as needed.)
Would this be considered unusual?
O A. Yes
O B. No
Transcribed Image Text:According to a survey in a country, 26% of adults do not have any credit cards. Suppose a simple random sample of 400 adults is obtained. (a) Describe the sampling distribution of p, the sample proportion of adults who do not have a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below. O A. Not normal O B. Approximately normal Determine the mean of the sampling distribution of p. Ha = (Round to two decimal places as needed.) Determine the standard deviation of the sampling distribution of p. đA = (Round to three decimal places as needed.) (b) A certain town believes their residents are less likely to own credit cards. They take a random sample of 400 adults in their town. They find a sample proportion of.17. What is the probability of getting 17 or less? The probability is . (Round to four decimal places as needed.) Would this be considered unusual? O A. Yes O B. No
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