What is the mean that we will use for this approximation

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Verify that we can use the normal approximation to the binomial distribution. What is the mean that we will use for this approximation? Do not round.

A survey of recent first-time home buyers found that 45% of them plan to upgrade to a bigger house within 5 years. You randomly select 30 recent first-time home buyers and ask them whether they plan to upgrade to a bigger home within 5 years.

Reference no: EM132340537

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