Assume that a national fitness study reports that 5% of millenials exercise daily. Suppose that a researcher surveys a random sample of 300 millenials regarding their daily exercise habits. Assume that X is a binomial random variable that represents the number of millenials in the sample who exercise daily.
Compute the mean ? and standard deviation σ of the sampling distribution of ?. Report ? as a whole number and σ as a decimal precise to two decimal places.
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