According to a survey in a country, 32% of adults do not own a credit card. Suppose a simple random sample of 600 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). (a) Describe the sampling distribution of p, the sample proportion of adults who do not own a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below. A. Not normal because ns0.05N and np(1- p) < 10 B. Approximately normal because ns0.05N and np(1-p) 2 10 C. Not normal becausens0.05N and np(1 -p) 2 10 O D. Approximately normal because ns0.05N and np(1-p) <10 Determine the mean of the sampling distribution of p. (Round to two decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
According to a survey in a country, 32% of adults do not own a credit card. Suppose a simple random sample of 600 adults is obtained. Complete parts (a) through (d) below.
Click here to view the standard normal distribution table (page 1).
Click here to view the standard normal distribution table (page 2).
(a) Describe the sampling distribution of p, the sample proportion of adults who do not own a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below.
O A. Not normal because n <0.05N and np(1 – p)< 10
GB. Approximately normal because n<0.05N and np(1 - p) 2 10
CC. Not normal because ns0.05N and np(1 - p) 2 10
D. Approximately normal because n<0.05N and np(1 - p)< 10
Determine the mean of the sampling distribution of
p.
(Round to two decimal places as needed.)
p
Enter your answer in the answer box and then click Check Answer.
?
6.
parts
remaining
Clear All
Check Answer
Transcribed Image Text:According to a survey in a country, 32% of adults do not own a credit card. Suppose a simple random sample of 600 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). (a) Describe the sampling distribution of p, the sample proportion of adults who do not own a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below. O A. Not normal because n <0.05N and np(1 – p)< 10 GB. Approximately normal because n<0.05N and np(1 - p) 2 10 CC. Not normal because ns0.05N and np(1 - p) 2 10 D. Approximately normal because n<0.05N and np(1 - p)< 10 Determine the mean of the sampling distribution of p. (Round to two decimal places as needed.) p Enter your answer in the answer box and then click Check Answer. ? 6. parts remaining Clear All Check Answer
Expert Solution
Step 1

Solution:

Given information:

n=600 Sample size p=0.32 Population  proportion 

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman