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Recall the Rule of Thumb Used to Indicate When the Normal

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Recall the rule of thumb used to indicate when the normal distribution is a good approximation of the sampling distribution for the sample proportion, Recall the rule of thumb used to indicate when the normal distribution is a good approximation of the sampling distribution for the sample proportion,   . For the combination n = 25, p = 0.05; the rule is satisfied. . For the combination n = 25, p = 0.05; the rule is satisfied.


Definitions:

China

A country located in East Asia, known for being the world's most populous country and for its rich history and cultural heritage.

World's Population

The total number of people currently living on Earth.

LDCs

LDCs, or Least Developed Countries, are countries that have been classified by the UN due to their low GDP per capita, weak human assets, and high degree of economic vulnerability.

NICs

Newly Industrialized Countries, nations that have recently experienced rapid industrial growth and show signs of moving from a mainly agricultural to an industry and manufacturing-based economy.

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