Assume We Know That 20% of Americans Suffer from a Certain

question 9

Multiple Choice

Assume we know that 20% of Americans suffer from a certain type of allergy. Suppose we take a random sample of 8000 Americans and record the percentage who suffer from this allergy. What guarantees that percentages from such a survey will be normally distributed?

• A)The law of large numbers
• B)The general survey theorem
• C)The central limit theorem
• D)The law of survey

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Definitions:

Budget Deficit

The financial situation where a government's expenditures exceed its revenues, leading to borrowing or depletion of reserves.

National Debt

The overall monetary liabilities that a country's government has incurred by borrowing from diverse sources.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues within a specific period.

National Debt

National debt is the total amount of money that a country's government has borrowed, typically as a result of budget deficits, through the issuance of securities like government bonds.