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T The principal at Thomas Jefferson High School has been asked to estimate the proportion of students at the school who drive to school and use the school parking lot. He takes a random sample of size students and calculates a sample proportion, . "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.
Ultra-luxury Segment
A niche market targeting extremely wealthy consumers by offering products or services that are of the highest quality and price.
Market Coverage
The degree to which customers in a specific market are aware of and purchase a product or service.
Intensive Distribution
A distribution strategy that places products in as many outlets as possible to maximize exposure and sales.
Exclusive Distribution
A market strategy where a manufacturer restricts the distribution of a product to a single distributor or a few selected distributors.
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