5.56 A random sample of n = 500 observations is selected from a binomial population with p...

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5.56 A random sample of n = 500 observations is selected from a binomial population with p = .35.

a. Give the mean and standard deviation of the (repeated) sampling distribution of pn, the sample proportion of successes for the 500 observations.

b. Describe the shape of the sampling distribution of pn. Does your answer depend on the sample size?

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Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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