Suppose that a simple random sample is taken from a finite population in which each member is
Question:
Suppose that a simple random sample is taken from a finite population in which each member is classified as either having or not having a specified attribute. Fill in the following blanks.
a. If sampling is with replacement, the probability distribution of the number of members sampled that have the specified attribute is a ________ distribution.
b. If sampling is without replacement, the probability distribution of the number of members sampled that have the specified attribute is a ________ distribution.
c. If sampling is without replacement and the sample size does not exceed ________ % of the population size, the probability distribution of the number of members sampled that have the specified attribute can be approximated by a ________distribution.
DistributionThe 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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