The population proportion is 0.38. What is the probability that a sample proportion will be within +0.04 of the population proportion for each of the following sample sizes? (Round your answers to 4 decimal places.) (a) n = 100 (b) n = 200 (c) n = 500 (d) n = 1,000 (e) What is the advantage of a larger sample size? O As sample size increases, E(P) approaches p. There is a higher probability p will be within ±0.04 of the population proportion p. We can guarantee p will be within +0.04 of the population proportion p. There is a higher probability o- will be within +0.04 of the population standard deviation.
The population proportion is 0.38. What is the probability that a sample proportion will be within +0.04 of the population proportion for each of the following sample sizes? (Round your answers to 4 decimal places.) (a) n = 100 (b) n = 200 (c) n = 500 (d) n = 1,000 (e) What is the advantage of a larger sample size? O As sample size increases, E(P) approaches p. There is a higher probability p will be within ±0.04 of the population proportion p. We can guarantee p will be within +0.04 of the population proportion p. There is a higher probability o- will be within +0.04 of the population standard deviation.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Given that p =0.38
Sample proportion within 0.04
Find the probabilities for
( a ) n =100
( b ) n =200
( c ) n =500
( d ) n =1000
( e ) select the correct choice
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