According to the Federal Reserve System, 46% of U.S. households have credit-card debt. For simple random samples

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According to the Federal Reserve System, 46% of U.S. households have credit-card debt. For simple random samples of size n, with n > 30, describe the sampling distribution of p = the proportion of households in the sample who have credit-card debt.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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