Question: Describe the sampling distribution model for the given problem. A realtor has been told that 89% of homeowners prefer a finished basement. She randomly surveys

Describe the sampling distribution model for the given problem. A realtor has been told that 89% of homeowners prefer a finished basement. She randomly surveys a group of 201 homeowners. State the characteristics of this sampling distribution assuming it is a Normal distribution. N (________, _________) (Round your answer to three decimal places)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!