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The Use of the Standard Normal Distribution for Constructing a Confidence

question 43

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The use of the standard normal distribution for constructing a confidence interval estimate for the population proportion p requires that:


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Money

A medium of exchange in the form of coins and banknotes; used to purchase goods and services or measure value and wealth.

Revenue

The income that a business earns from its normal business activities, usually from the sale of goods and services to customers.

Income

Money received, especially on a regular basis, for work or through investments.

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Physical items that are produced for sale or use, ranging from commodities and raw materials to finished products.

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