According to a survey in a country, 38% of adults do not own a credit card. Suppose a simple random sample of 500 adults is obtained. Complete parts (a) through (d) below.(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. Approximately normal because n ≤0.05N and np(1-p) < 10B. Not normal because n ≤0.05N and np(1-p) < 10C. Approximately normal because n ≤0.05N and np(1-p) 2 10D. Not normal because n ≤0.05N and np(1-p) ≥ 10Determine the mean of the sampling distribution of p38 (Round to two decimal places as needed.)H^ =РDetermine the standard deviation of the sampling distribution of p4(Round to three decimal places as needed.)GA =Р

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Answered: According to a survey in a country, 38%…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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According to a survey in a country, 38% of adults do not own a credit card. Suppose a simple random sample of 500 adults is obtained. Complete parts (a) through (d) below. (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. OA. Approximately normal because n ≤0.05N and np(1-p) 10 Determine the mean of the sampling distribution of p. H₂ = (Round to two decimal places as needed.)

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