Claim: p < 0.70; = 0.01 Sample statistics: = 0.50, n = 68 Determine whether

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Claim: p < 0.70; α = 0.01
Sample statistics:  = 0.50, n = 68
Determine whether a normal sampling distribution can be used to approximate the binomial distribution. If it can, use the z-test to test the claim about the population proportion p at the level of significance α.
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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