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Statement of a problem № m40255

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A random sample of 1,000 students at a large college included 428 who had one or more credit cards. For this sample, ˆ p =428/ 1,000 = 0.428. If another random sample of 1,000 students from this university were selected, would you expect that ˆ p for that sample would also be 0.428? Explain why or why not.




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