Refer to Examples 1 and 2 about the exit poll, for which the sample size was 3889.

Question:

Refer to Examples 1 and 2 about the exit poll, for which the sample size was 3889. In that election, 40.9% voted for Whitman.
a. Define a binary random variable X taking values 0 and 1 that represents the vote for a particular voter (1 = vote for Whitman and 0 = another candidate). State its probability which is the same as the population for X.
b. Find the mean and standard deviation of the sampling of the proportion of the 3889 people in the sample who voted for Whitman.
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...