Consider the sampling distribution you were simulating in parts a and b of the previous exercise, assuming

Question:

Consider the sampling distribution you were simulating in parts a and b of the previous exercise, assuming p = 0.10 with samples of size 4000 each. Using the appropriate formulas from this section, find the mean and the standard deviation of the sampling distribution of the sample proportion:
a. For a random sample of size n = 4000, as in that exercise.
b. For a random sample of size n = 1000.
c. For a random sample of size n = 250. Summarize the effect of the sample size on the size of the standard deviation of the sampling distribution of the sample proportion.
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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: