(c) Describe the sampling distribution of p, the proportion of people who are satisfied with the way things are going in their life. Be sure to verify the model requirements. than 5% of the population size and np(1-p)=[ with Hand GA Since the sample size is the distribution of p is (Round to three decimal places as needed.) ≥ 10,

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According to a study conducted by a statistical organization, the proportion of people who are
satisfied with the way things are going in their lives is 0.74. Suppose that a random sample of
100 people is obtained. Complete parts (a) through (e) below.
***
D. The sample proportion p is a random variable because the value of p varies from
sample to sample. The variability is due to the fact that different people feel
differently regarding their satisfaction.
(c) Describe the sampling distribution of p, the proportion of people who are satisfied with the
way things are going in their life. Be sure to verify the model requirements.
Since the sample size is
the distribution of pis
(Round to three decimal places as needed.)
▼than 5% of the population size and np(1-p) => 10.
with HA
and =
-0.
=
c
Transcribed Image Text:According to a study conducted by a statistical organization, the proportion of people who are satisfied with the way things are going in their lives is 0.74. Suppose that a random sample of 100 people is obtained. Complete parts (a) through (e) below. *** D. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that different people feel differently regarding their satisfaction. (c) Describe the sampling distribution of p, the proportion of people who are satisfied with the way things are going in their life. Be sure to verify the model requirements. Since the sample size is the distribution of pis (Round to three decimal places as needed.) ▼than 5% of the population size and np(1-p) => 10. with HA and = -0. = c
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