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 of100 people is obtained. Complete parts (a) through (e) below.O B. The sample proportion p is a random variable because the value of p representsresponding to the question truthfully.random person included in the sample. The variability is due to the fact that people may not beO C. The sample proportion pisquestion truthfully.random variable because the value of p varies from sample to sample. The vieople may not be responding to theuniformD. The sample proportion p israndom variable because the value of p varies from sample to sample. The viskewed leftifferent people feel differently regardingtheir satisfaction.skewed rightapproximately normale model requirements.(c) Describe the sampling distribution of p, the proportion of people who are satisfied with the way things are goingV with H.and a. =USince the sample size isV than 5% of the population size and np(1-p) = 2 10, the distribution of p is(Round to three decimal places as needed.) 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 of100 people is obtained. Complete parts (a) through (e) below.O B. The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that people may not beresponding to the question truthfully.O C. 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 people may not be responding to thequestion truthfully.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 regardingtheir 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.uniformand o. =.withSince the sample size is no,lessthan 5% of the population size and np(1 - p) = 2 10, the distribution of p is(Round to three decimal pno lessEnter your answer in thehen click Check Answer.no moreCheck AnswerClear All

Question

Accepted Answer

p^ = 0.74n = 100