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Author Question: According to a study conducted in one city, 38% of adults in the city have credit card debts of more ... (Read 72 times)

mrsjacobs44

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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 adults is obtained from the city. Describe the sampling distribution of , the  sample proportion of adults who have credit card debts of more than $2000.
◦ Approximately normal; μp = 0.38, σp = 0.049
◦ Binomial; μp = 38, σp = 4.85
◦ Approximately normal; μp = 0.38, σp = 0.0024
◦ Exactly normal; μp = 0.38, σp = 0.049


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Marked as best answer by mrsjacobs44 on Jan 16, 2020

choc0chan

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mrsjacobs44

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Reply 2 on: Jan 16, 2020
Great answer, keep it coming :)


DylanD1323

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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