For the situation in Exercise 7.27. calculate the following probabilities. In each case sketch the sampling distribution

Question:

For the situation in Exercise 7.27. calculate the following probabilities. In each case sketch the sampling and the probability.
1. P( > .96)
2. P(855 ≤ p ≤ .945)
3. P(p ≤ .915) 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...