Suppose that 35% of all adults in a population would say "good" and 65% would say "bad" if they were asked how they view the state of the economy. An opinion poll asks this question of an SRS of 1000 adults from the population. In repeated samples, the sample proportion who say "good" would follow a normal distribution, with the mean having a value of (Give your answer to 2 decimal places.) eBook
Suppose that 35% of all adults in a population would say "good" and 65% would say "bad" if they were asked how they view the state of the economy. An opinion poll asks this question of an SRS of 1000 adults from the population. In repeated samples, the sample proportion who say "good" would follow a normal distribution, with the mean having a value of (Give your answer to 2 decimal places.) eBook
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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After answering the image I uploaded. What is the standard deviation of the distribution of the sample proportion?
![**Text Transcription:**
Suppose that 35% of all adults in a population would say "good" and 65% would say "bad" if they were asked how they view the state of the economy. An opinion poll asks this question of an SRS of 1000 adults from the population. In repeated samples, the sample proportion \( \hat{p} \) who say "good" would follow a normal distribution, with the mean having a value of __________.
(Give your answer to 2 decimal places.)
[Button: eBook]
**Explanation:**
The text describes a statistical scenario where a sample proportion (\( \hat{p} \)) of people responding "good" regarding the state of the economy is being considered. A Simple Random Sample (SRS) of 1000 adults is taken from a population where 35% would say "good." The sample proportion follows a normal distribution in repeated samples, and the task is to calculate the mean value of this distribution.
No graphs or diagrams are present in the image.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F209cfdfa-2f64-4ba4-b4a4-13891562e9bb%2F277980ff-ae05-4fac-b5b1-3c56dcebbc37%2Frqm9kz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Text Transcription:**
Suppose that 35% of all adults in a population would say "good" and 65% would say "bad" if they were asked how they view the state of the economy. An opinion poll asks this question of an SRS of 1000 adults from the population. In repeated samples, the sample proportion \( \hat{p} \) who say "good" would follow a normal distribution, with the mean having a value of __________.
(Give your answer to 2 decimal places.)
[Button: eBook]
**Explanation:**
The text describes a statistical scenario where a sample proportion (\( \hat{p} \)) of people responding "good" regarding the state of the economy is being considered. A Simple Random Sample (SRS) of 1000 adults is taken from a population where 35% would say "good." The sample proportion follows a normal distribution in repeated samples, and the task is to calculate the mean value of this distribution.
No graphs or diagrams are present in the image.
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