According to a survey in a country, 27% of adults do not own a credit card. Supp
ID: 3361222 • Letter: A
Question
According to a survey in a country, 27% of adults do not own a credit card. Suppose a simple random sample of 600 adults is obtained. Complete parts (a) through (d) below. Round to four decimal places as needed.) Interpret this probability to result in between 23% and 28% not owning a credit card. 100 different random samples of 600 adults were obtained, one would expect 70 Round to the nearest integer as needed.) (d) Would t be unusual for a random sample of 600 adults to result in 138 o 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.) 0 A The result is not unusual because the probability that p is less than or equal to the sample proportion is OB. which is less than 5%. The result is unusual because the probability that p is less than or equal to the sample proportion is The result is not unusual because the probability that p is less than or equal to the sample proportion is which is greater than 5%. O c. D. which is greater than 5%Explanation / Answer
Probability = 0.0137
Hence,
Option B is correct.
The result is unusual because the probability that p is less than or equal to the sample proportion is 0.0137, which is less than 5%.
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