Question: When summarizing binary outcomes(a sample of 0 (Zeros) and 1 (Ones)) how is p-hat, the sample proportion, equivalent to a sample mean? a. It measures

When summarizing binary outcomes(a sample of 0 (Zeros) and 1 (Ones)) how is p-hat, the sample proportion, equivalent to a sample mean?

a. It measures the amount of variation in the data set.

b. It is the sum of all values divided by the sample size.

c. 50% of observations fall below that value.

d. It informs you how skewed the dataset is.

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