A random sample of size n = 50 is selected from a binomial distribution with population proportion

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A random sample of size n = 50 is selected from a binomial distribution with population proportion p = .7.
a. What will be the approximate shape of the sampling distribution of ?
b. What will be the mean and standard deviation (or standard error) of the sampling distribution of ?
c. Find the probability that the sample proportion  is less than .8. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Introduction To Probability And Statistics

ISBN: 9781133103752

14th Edition

Authors: William Mendenhall, Robert Beaver, Barbara Beaver

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