Question

In: Statistics and Probability

2. For the month of May 2020, the unemployment rate for the national total was 21.4%,...

2. For the month of May 2020, the unemployment rate for the national total was 21.4%, according to information from DANE recently. Consider that a sample is randomly selected from 300 people in a certain city.

b. What is the mean or expected value of the sample distribution of the proportions?
c. What is the standard error of the sampling distribution of the proportions?
d. Write the syntax for the sample distribution of the proportions
e. Find the probability that in the sample of 300 people the unemployment rate is less than 19.5%
f. Find the probability that the sample proportion of unemployed people is between 19% and 23%.

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Expert Solution

orchestra answered 2 years ago
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