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Describe the Sampling Distribution of a Sample Proportion
-According to a Study

Question 11

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Describe the Sampling Distribution of a Sample Proportion
-According to a study conducted in one city, 36%36 \% of adults in the city have credit card debts of more than $2000\$ 2000 . A simple random sample of n=100\mathrm { n } = 100 adults is obtained from the city. Describe the sampling distribution of  p^\hat { \text { p} } , the sample proportion of adults who have credit card debts of more than $2000\$ 2000 .


A) Approximately normal; μp=0.36,σp=0.048\mu _ { \mathrm { p } } = 0.36 , \sigma _ { \mathrm { p } } = 0.048
B) Exactly normal; μp=0.36,σp=0.048\mu _ { \mathrm { p } } = 0.36 , \sigma _ { \mathrm { p } } = 0.048
C) Approximately normal; μp=0.36,σp=0.0023\mu _ { \mathrm { p } } = 0.36 , \sigma _ { \mathrm { p } } = 0.0023
D) Binomial; μp=36,σp=4.80\mu _ { \mathrm { p } } = 36 , \sigma _ { \mathrm { p } } = 4.80

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