Question: According to a study conducted in one city , 36% of adults have credit card debts more than $2000. A simple random sample of n=
According to a study conducted in one city , 36% of adults have credit card debts more than $2000. A simple random sample of n= 200 adults is obtained from the city. Describe the sampling distribution , the sample proportion of adults who have credit card debts for more than $2000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
