Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Problem 1 The gure illustrates two sampling distributions for sample proportions when the population proportion p = 0.50. n = 1000, showing sample proportion very
Problem 1 The gure illustrates two sampling distributions for sample proportions when the population proportion p = 0.50. n = 1000, showing sample proportion very likely to fall between 0.45 and 0.55 Sample proportion 0.35 0.40 0.45 0.50 0.55 0.60 0.65 Population proportion a. Find the standard deviation for the sampling distri- bution of the sample proportion with (i) n = 100 b. and (ii) in. = 1000. Explain why the sample proportion would be very likely (as the gure suggests) to fall (i) between 0.35 and 0.55 when n = 100, and (ii) between 0.45 and 0.55 when n = 1000. (Hint: Recall that for an approximately normal distribution, nearly the entire distribution is within 3 standard deviations of the mean.) Explain how the results in part b indicate that the sample proportion tends to estimate the population proportion more precisely when the sample size is larger
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started