According to a study conducted in one city, 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n= 200 adults is obtained from the city. Describe the...


According to a study conducted in one city, 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n= 200 adults is obtained from the city. Describe the sampling distribution of p, the sample proportion of adults who<br>have credit card debts of more than $2000. Round to three decimal places when necessary.<br>O A. Approximately normal; H, =0.32, o, = 0.033<br>B. Exactly normal; µ, = 0.32, o, =0.033<br>O C. Approximately normal; u, =0.32, o, = 0.001<br>O D. Binomial3;<br>Hp<br>= 64,<br>Op<br>= 6.597<br>O O O<br>

Extracted text: According to a study conducted in one city, 32% of adults in the city have credit card debts of more than $2000. A simple random sample of n= 200 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. O A. Approximately normal; H, =0.32, o, = 0.033 B. Exactly normal; µ, = 0.32, o, =0.033 O C. Approximately normal; u, =0.32, o, = 0.001 O D. Binomial3; Hp = 64, Op = 6.597 O O O

Jun 02, 2022
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