In a random sample of 765 adults in the United States, 122 of them said if they had to cover a $400 emergency expense, they would need to use a credit card and pay it back over time. a. what is the parameter being estimated b. what is the sample proportion (must show work)
In a random sample of 765 adults in the United States, 122 of them said if they had to cover a $400 emergency expense, they would need to use a credit card and pay it back over time. a. what is the parameter being estimated b. what is the sample proportion (must show work)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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In a random sample of 765 adults in the United States, 122 of them said if they had to cover a $400 emergency expense, they would need to use a credit card and pay it back over time.
a. what is the parameter being estimated
b. what is the sample proportion (must show work)
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