Question

A statistician calculates that 8%8% of Americans own a Rolls Royce. If the statistician is right,...

A statistician calculates that 8%8% of Americans own a Rolls Royce.

If the statistician is right, what is the probability that the proportion of Rolls Royce owners in a sample of 595595 Americans would differ from the population proportion by less than 3%3%? Round your answer to four decimal places.

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