In: Statistics and Probability
The sample proportion p-bar provides an estimate for the population proportion p. The sampling distribution of the sample proportion is the probability distribution of the sample proportion.
Consider a population with a proportion p = 0.60, from which a sample of size n = 200 is drawn. What is the sampling distribution of the sample proportion p-bar?
Calculate the following probabilities using the distribution above:
P(? < 0.5)
P(? > 0.7)
P(0.5 < ? < 0.7)
Mean of sampling distribution of sample proportion = p = 0.6
Standard deviation of sampling distribution of sample proportion = sqrt [ p( 1 - p) / n ]
= sqrt [ 0.6 ( 1 - 0.6) / 200 ]
= 0.0364
Using normal approximation,
P( < p ) = P(Z < ( - p) / sqrt [ p( 1 - p) / n ]
a)
P( < 0.5) = P(Z < ( 0.5 - 0.6) / sqrt ( 0.6 * ( 1 - 0.6) / 200 ]
= P(Z < -2.89)
= 0.0019 (From Z table)
b)
P( > 0.7) = P(Z > ( 0.7 - 0.6) / sqrt ( 0.6 * ( 1 - 0.6) / 200 ]
= P(Z > 2.89)
= 1 - P(Z < 2.89)
= 1 - 0.9981 (From Z table)
= 0.0019
c)
P(0.5 < < 0.7) = P( < 0.7) - P( < 0.5)
= P(Z < ( 0.7 - 0.6) / sqrt ( 0.6 * ( 1 - 0.6) / 200 ] - P(Z < ( 0.5 - 0.6) / sqrt ( 0.6 * ( 1 - 0.6) / 200 ]
= P(Z < 2.89) - P(Z < -2.89)
= 0.9981 - 0.0019
= 0.9962