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The principal at Thomas Jefferson High School has been asked to estimate the proportion of students at KHS who drive to school and use the school parking lot. He takes a random sample of size n = 32 students and calculates a sample proportion, = 0.8. "Now," he exclaims, "since my sample size is greater than 30, the sampling distribution of the sample proportion is approximately normal." Write a short paragraph that explains why his statement is not correct.
Economic Produced
The total value of all goods and services produced within an economy over a specific period.
Marketing Strategy
A comprehensive plan formulated to reach and persuade potential customers to buy a product or service over competitors.
Market Testing
A process where a product or service is tested in limited areas or groups to evaluate its market viability before a full-scale launch.
Prospective Consumers
Individuals who are potential buyers of a product or service but have not yet made a purchase decision.
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