Recall the Rule of Thumb Used to Indicate When the Normal

question 7

True/False

Recall the rule of thumb used to indicate when the normal distribution is a good approximation to the sampling distribution for the sample proportion $\hat { p }$ . For the combination n = 50; p = 0.05, the rule is satisfied.

---

Definitions:

Assumes Debt

When an individual or entity takes on the legal obligation to pay back a debt originally owed by another party.

Assign

To transfer property by sale, mortgage, pledge, or otherwise.

Floating Lien

A provision, placed by the creditor, in a security agreement that a security interest of the creditor also applies to goods the debtor acquires at a later time.