The article Thrillers (Newsweek, April 22, 1985) stated, Surveys tell us that more than half of Americas

Question:

The article “Thrillers” (Newsweek, April 22, 1985) stated, “Surveys tell us that more than half of America’s college graduates are avid readers of mystery novels.” Let p denote the actual proportion of college graduates who are avid readers of mystery novels. Consider a sample proportion ˆ p that is based on a random sample of 225 college graduates. If p = 0.5, what are the mean value and standard deviation of the sampling of ˆ p?
Answer this question for p = 0.6. Is the sampling of ˆ p approximately normal in both cases? Explain.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...