Question: solve this question E Test: POST UNIT 5 - TEST - Ch. 8 Question 10 of 14 possible This question: 1 Submit test point(s) possible
solve this question

E Test: POST UNIT 5 - TEST - Ch. 8 Question 10 of 14 possible This question: 1 Submit test point(s) possible According to a study conducted in one city. 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n = 500 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. Round to three decimal places when necessary. O A. Approximately normal; p = 0.32, op = 0.000 O B. Binomial; Up = 160, ap = 10.431 O C. Approximately normal; Pp = 0.32, ap = 0.021 O D. Exactly normat Hp = 0.32, op = 0.021
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
