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In: Statistics and Probability

It is expected that only 80% in a graduating class of 333 will find employment in...

It is expected that only 80% in a graduating class of 333 will find employment in the first round of a job search. You have 27 friends who have recently graduated. Assume that your friends represent a random sample. [You may find it useful to reference the z table.]

a-1. Interpret the sampling distribution of the sample proportion of your friends who will find employment in the first round of a job search.

  • The sampling distribution is approximately normal and we need not apply the finite population correction.

  • The sampling distribution is approximately normal and we need to apply the finite population correction.

  • The sampling distribution is not approximately normal and we need not apply the finite population correction.

  • The sampling distribution is not approximately normal and we need to apply the finite population correction.

a-2. Calculate the expected value and the standard error of the sample proportion. (Round "expected value" to 2 decimal places and "standard deviation" to 4 decimal places.)

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orchestra answered 2 years ago
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