Question: QUESTION 4 Provide an appropriate response. According to a study conducted in one city, 38 % of adults in the city have credit card debts

QUESTION 4 Provide an appropriate response. According to a study conducted in one city, 38 % of adults in the city have credit card debts of more than $2000. A simple random sample of n = 150 adults is obtained from the city. Describe the sampling distribution of p , the sample proportion of adults who have credit card debts of more than $2000. O Binomial; Mp = 57, op - 5.94 Exactly normal; up - 0.38, op = 0.040 Approximately normal; up - 0.38, op = 0.0016 O Approximately normal; up = 0.38, op = 0.040 QUESTION 5

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