Approximately 27 of American adults do not own a credit card

Last updated: 11/1/2023

Approximately 27 of American adults do not own a credit card A random sample of 500 adults is asked Do you own a credit card Describe the sampling distribution of p the sample proportion of adults who do not own a credit card b What is the probability that in a random sample of 500 adults more than 30 do not own a credit card c What is the probability that in a random sample of 500 adults between 25 and 35 do not own a credit card d Would it be unusual for a random sample of 500 adults to result in 120 or fewer who do not own a credit card Why