Suppose that we will randomly select a sample of n = 100 elements from a population and

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Suppose that we will randomly select a sample of n = 100 elements from a population and that we will compute the sample proportion  of these elements that fall into a category of interest. If the true population proportion p equals .9:
a. Describe the shape of the sampling distribution of . Why can we validly describe the shape?
b. Find the mean and the standard deviation of the sampling distribution of . 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...
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Business Statistics In Practice

ISBN: 9780073401836

6th Edition

Authors: Bruce Bowerman, Richard O'Connell

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