As a General Rule,the Normal Distribution Is Used to Approximate $\hat { p }$

question 9

True/False

As a general rule,the normal distribution is used to approximate the sampling distribution of the sample proportion $\hat { p }$
only if the sample size n is greater than 30.

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Definitions:

Return Ratio

A measure of the profitability or effectiveness of an investment, calculating how much returns are gained relative to the investment's cost.

Common Stockholders' Equity

The portion of a company's equity that is attributable to the holders of its common stock.

Leverage

The use of debt to increase the return on an investment.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company uses its assets by calculating the number of times average accounts receivable are collected during a specific period.