Assume that the population proportion is 0.60. Compute the standard error of the proportion, o-, for sample sizes of 100, 200, 500, and 1,000. (Round your answers to fourdecimal places.)p'For a sample size of 100For a sample size of 200For a sample size of 500For a sample size of 1000What can you say about the size of the standard error of the proportion as the sample size is increased?0- increases as n increases.0– approaches p as n increases.0- approaches p as n increases.0- decreases as n increases.

Given that, Population proportion (P) = 0.60 1-P = 1-0.60 = 0.4

sume that the population proportion is 0.60. Compute the standard error of the proportion, o-, for sample sizes of 100, 200, 500, and 1,000. (Round you cimal places.) a sample size of 100 -a sample size of 200 a sample size of 500 -a sample size of 1000 at can you say about the size of the standard error of the proportion as the sample size is increased? increases asn increases. approaches p as n increases. 0- approaches p as n increases.

sume that the population proportion is 0.60. Compute the standard error of the proportion, o-, for sample sizes of 100, 200, 500, and 1,000. (Round you cimal places.) a sample size of 100 -a sample size of 200 a sample size of 500 -a sample size of 1000 at can you say about the size of the standard error of the proportion as the sample size is increased? increases asn increases. approaches p as n increases. 0- approaches p as n increases.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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