An investment website can tell what devices are used to access their site. The site managers wonder whether they should enhance the facilities for trading via smartphones so they want to estimate the proportion of users who access the site that way. They draw a random sample of 425 investors from their customers. Suppose that the true proportion of smartphone users is 20%. Complete parts a) through c) below. a) What would the managers expect the shape of the sampling distribution for the sample proportion to be? Nonsymmetric Unimodal and symmetric Skewed to the right Skewed to the left b) What would be the mean of this sampling distribution? (Round to two decimal places as needed.) c) What would be the standard deviation of the sampling distribution? Mean = (Round to three decimal places as

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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An investment website can tell what devices are used to access
their site. The site managers wonder whether they should
enhance the facilities for trading via smartphones so they want
to estimate the proportion of users who access the site that way.
They draw a random sample of 425 investors from their
customers. Suppose that the true proportion of smartphone
users is 20%. Complete parts a) through c) below.
a) What would the managers expect the shape of the sampling
distribution for the sample proportion to be?
Nonsymmetric
Unimodal and symmetric
Skewed to the right
Skewed to the left
b) What would be the mean of this sampling distribution?
(Round to two decimal places as needed.)
c) What would be the standard deviation of the sampling
distribution?
Mean =
Standard Deviation =
needed.)
(Round to three decimal places as
Transcribed Image Text:← An investment website can tell what devices are used to access their site. The site managers wonder whether they should enhance the facilities for trading via smartphones so they want to estimate the proportion of users who access the site that way. They draw a random sample of 425 investors from their customers. Suppose that the true proportion of smartphone users is 20%. Complete parts a) through c) below. a) What would the managers expect the shape of the sampling distribution for the sample proportion to be? Nonsymmetric Unimodal and symmetric Skewed to the right Skewed to the left b) What would be the mean of this sampling distribution? (Round to two decimal places as needed.) c) What would be the standard deviation of the sampling distribution? Mean = Standard Deviation = needed.) (Round to three decimal places as
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