According to a survey in a country, 26% of adults do not own a credit card. Suppose a simple random s. it card. Suppose
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According to a survey in a country, 26% of adults do not own a credit card. Suppose a simple random s. it card. Suppose
it card. Suppose a simple random sample of 600 adults is obtained. Complete parts (a) through (d) belov
The probability is (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 600 adults were obtained, one would expect to result in more than 29% not owning a credit card. (Round to the nearest integer as needed.) (c) What is the probability that in a random sample of 600 adults, between 24% and 29% do not own a credit card? The probability is (Round to four decimal places as needed.) Interpret this probability. If 100 different random samples of 600 adults were obtained, one would expect (Round to the nearest integer as needed.) * to result in between 24% and 29% not owning a credit card.
(d) Would it be unusual for a random sample of 600 adults to result in 144 or fewer who do not own a credit card? Why? Select the correct choice below and fill in the answer box to complete your choice (Round to four decimal places as needed.) OA The result is not unusual because the probability that is less than or equal to the sample proportion is OB. The result is not unusual because the probability that is less than or equal to the sample proportion is OC. The result is unusual because the probability that is less than or equal to the sample proportion is OD. The result is unusual because the probability that p is less than or equal to the sample proportion is which is less than 5% which is greater than 5%. which is less than 5%. which is greater than 5%