Question: Basic Computation: p Distribution Suppose we have a binomial distribution with n 5 24 trials and probability of success p 5 0.4 on each trial.
Basic Computation: pˆ Distribution Suppose we have a binomial distribution with n 5 24 trials and probability of success p 5 0.4 on each trial. The sample proportion of successes is pˆ 5r /n.
(a) Is it appropriate to approximate the ˆp distribution with a normal distribution? Explain.
(b) What are the values of mˆp and s ˆp?
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