Consider random samples of size 50 from a population with proportion 0.25. Find the standard error of the distribution of sample proportions. Round your answer for the standard error to three decimal places. standard error = Enter your answer in accordance to the question statement the absolute tolerance is +/-0.001
Consider random samples of size 50 from a population with proportion 0.25. Find the standard error of the distribution of sample proportions. Round your answer for the standard error to three decimal places. standard error = Enter your answer in accordance to the question statement the absolute tolerance is +/-0.001
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
Consider random
Round your answer for the standard error to three decimal places.
standard error = Enter your answer in accordance to the question statement
the absolute tolerance is +/-0.001
Expert Solution
Step 1
Sample size = 50
Proportion = 0.25
If and then the distribution is normal
So calculate
np = 50 x 0.25 = 12.5 10
n(1-p) = 50 x (1-0.25) = 37.5 10
So it is a normal distribution, the formula for standard error is
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