Question

According to creditcard.com, 29% of adults do not own a credit card.
(b) What is the probability that in a random sample of 500 adults more than 30% do not own a credit card?
(c) What is the probability that in a random sample of 500 adults between 25% and 30% do not own a credit card?
(d) Would it be unusual for a random sample of 500 adults to result in 125 or fewer who do not own a credit card? Why?


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  • CreatedApril 27, 2015
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