Consider interviewing a random sample of n = 50 adults. Let P denote the proportion of the

Question:

Consider interviewing a random sample of n = 50 adults. Let P denote the proportion of the 50 sampled adults who drink coffee. If the population proportion of coffee drinkers is 0.80, what is the appropriate approximate model for the of over many such samples of size 50? That is, what type of is this, what is the mean, and what is the standard deviation?
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...