A simple random sample of 900 students from a college with student population 10,000 is taken to estimate the percentage of commuters. The result is 378 students commute. Thus, we can infer that about [A]% of the student population commute. This is inferential statistics where we infer some parameter of the population from the statistics of the population.  Using the bootstrap method, the SD of the box is estimated to be 0.5 by using the short-cut formula.  The SE for percentage is 1.7%. Double check this number to make sure you know how to calculate

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 simple random sample of 900 students from a college with student population 10,000 is taken to estimate the percentage of commuters. The result is 378 students commute. Thus, we can infer that about [A]% of the student population commute. This is inferential statistics where we infer some parameter of the population from the statistics of the population. 

Using the bootstrap method, the SD of the box is estimated to be 0.5 by using the short-cut formula. 

The SE for percentage is 1.7%. Double check this number to make sure you know how to calculate

 

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