A random sample of n = 250 measurements is drawn from a binomial population with probability of

Question:

A random sample of n = 250 measurements is drawn from a binomial population with probability of success .85.
a. Find E(p̂) and σp̂.
b. Describe the shape of the sampling of p̂.
c. Find P(p̂ < .9).
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...