Answer:
Approximately  (or equivalently
 (or equivalently  ,) assuming that whether each resident owns boats is independent from one another.
,) assuming that whether each resident owns boats is independent from one another. 
Step-by-step explanation:
Assume that whether each resident of this town owns boats is independent from one another. It would be possible to model whether each of the  selected residents owns boats as a Bernoulli random variable: for
 selected residents owns boats as a Bernoulli random variable: for  ,
,  .
. 
 means that the
 means that the  th resident in this sample does not own boats. On the other hand,
th resident in this sample does not own boats. On the other hand,  means that this resident owns boats. Therefore, the sum
 means that this resident owns boats. Therefore, the sum  would represent the number of residents in this sample that own boats.
 would represent the number of residents in this sample that own boats.
Each of these  random variables are all independent from one another. The mean of each
 random variables are all independent from one another. The mean of each  would be
 would be  , whereas the variance of each
, whereas the variance of each  would be
 would be  .
.
The sample size of  is a rather large number. Besides, all these samples share the same probability distribution. Apply the Central Limit Theorem. By this theorem, the sum
 is a rather large number. Besides, all these samples share the same probability distribution. Apply the Central Limit Theorem. By this theorem, the sum  would approximately follow a normal distribution with:
 would approximately follow a normal distribution with:
- mean  , and , and
- variance  . .
 of that sample of
 of that sample of  residents would correspond to
 residents would correspond to  residents. Calculate the
 residents. Calculate the  -score corresponding to a sum of
-score corresponding to a sum of  :
:
 .
.
The question is (equivalently) asking for  . That is equal to
. That is equal to  . However, some
. However, some  -tables list only probabilities like
-tables list only probabilities like  . Hence, convert
. Hence, convert  to that form:
 to that form:
 .
.
Look up the value of  on a
 on a  -table:
-table:
 .
.
Therefore:
 .
.