Access the Sampling Distribution of the Sample Proportion web app a For p 0 5 and a sample of size n 3, the graph of the sampling distribution is given below (This is the graph corresponding to the table in Exercise 7 49, part b ) Compute the mean of the sampling distribution from first principles,...

a The mean of the sampling distribution is 018 13 ...

Access the Sampling Distribution of the Sample Proportion web app. a. For p = 0.5 and a

Question:

Access the Sampling of the Sample Proportion web app.
a. For p = 0.5 and a sample of size n = 3, the graph of the sampling is given below. (This is the graph corresponding to the table in Exercise 7.49, part b.) Compute the mean of the sampling from first principles, i.e., using the formula gxP1X = x2. The standard deviation of the sampling is equal to 0.289.
b. Now, using the app, simulate the sampling for a population proportion when p = 0.5 and n = 3, using 10,000 simulations. Do the graph and the results from the simulations agree? Compare the shapes, means, and standard deviations from the two graphs. (The mean and standard deviation of the 10,000 generated sample proportions are displayed in the title of the graph for the sampling in the app.)

Probability 3 Sample proportion could be 0 Sample proportion could be 1.0 1.0 Sample proportion 2/3 -l3 -l00

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...