In: Statistics and Probability
Suppose a simple random sample of size n=75 is obtained from a population whose size is N=15,000 and whose population proportion with a specified characteristic is p=0.8.
a) Determine the mean of the sampling distribution of p with caret.
Determine the standard deviation of the sampling distribution of p with caret.
b) What is the probability of obtaining x=66 or more individuals with the characteristic? That is, what is P(p with caret greater than or equals 0.88)?
What is the probability of obtaining x=57 or fewer individuals with the characteristic? That is, what is P(p with caret less than or equals 0.76)?
a) Determine the mean of the sampling distribution of p with caret.
Determine the standard deviation of the sampling distribution of p with caret.
The following information has been provided about the population proportion and the sample size:
Population Proportion = | 0.8 |
Sample Size = | 75 |
the population men of sample proportions and the corresponding standard error are:
Observe that:
which indicates that the assumption for normal approximation for the sampling distribution is met.
We need to compute . Based on the information provided,
Now, the following is obtained using normal approximation:
We need to compute . Based on the information provided, the population men of sample proportions and the corresponding standard error are: