Uncategorized

According to a study conducted in one​ city, 29​% of adults in the city have credit card debts of more

According to a study conducted in one​ city, 29​% 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. Round to three decimal places when necessary.

Leave a Reply

Your email address will not be published.