An insurance company wants to know the proportion of clients who have had claims within the last year. They randomly select 1000 clients from a database of all clients and checks their basic information. They find that 5% of the clients had claims within the last year.

Select one:

a. Yes.

b. No, because it wasn't a random sample.

c. No, because n(p-hat) < 10 or n(q-hat) < 10.

d. No, because the sample size wasn’t at least 30 and the population wasn’t normally distributed.

e. No, because we already know the population proportion

Answer rating: 100% (QA)

1 Random sample Assumed 2 np 100005 5 10 n1... View the full answer