A random sample of n = 80 measurements is drawn from a binomial population with probability of

Question:

A random sample of n = 80 measurements is drawn from a binomial population with probability of success .3.
a. Give the mean and standard deviation of the sampling distribution of the sample proportion, p̂.
b. Describe the shape of the sampling distribution of p̂.
c. Calculate the standard normal z-score corresponding to a value of p̂ = .35.
d. Find P(p̂ > .35).
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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

Question Posted: