A player wins a game 1/18th of the time. If the game is played 841 times, answer the following question a) What is the expected value of the sampling proportion? (Round to four decimal places) b) What is the standard deviation of the sampling proportion? (Round to four

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A player wins a game 1/18th of the time. If the game is played 841 times, answer the following questions.
a) What is the expected value of the sampling proportion?
(Round to four
decimal places)
b) What is the standard deviation of the sampling proportion?
(Round to four
decimal places)
c) What is the P(p < 0.06 )?
(Round to four decimal places)
Transcribed Image Text:A player wins a game 1/18th of the time. If the game is played 841 times, answer the following questions. a) What is the expected value of the sampling proportion? (Round to four decimal places) b) What is the standard deviation of the sampling proportion? (Round to four decimal places) c) What is the P(p < 0.06 )? (Round to four decimal places)
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Step 1
Given Data

population proportion,p =1/18 =  0.0556

sample size n = 841

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