Suppose that, as part of a game at a charity carnival, players are invited to spin a wheel for a chance at winning either a small, medium, or large prize. The wheel is constructed so that the probability that a player does not win a prize, ?p, is 0.50. If a random sample of 40 players is selected, then ?̂ p^ is the proportion of players in the sample who do not win a prize. What is the mean of the sampling distribution of ?̂ p^? ??̂ μp^= What is the standard deviation of the sampling distribution of ?̂ p^? Give your answer precise to three decimal places. ??̂ σp^=
Suppose that, as part of a game at a charity carnival, players are invited to spin a wheel for a chance at winning either a small, medium, or large prize. The wheel is constructed so that the probability that a player does not win a prize, ?p, is 0.50. If a random sample of 40 players is selected, then ?̂ p^ is the proportion of players in the sample who do not win a prize. What is the mean of the sampling distribution of ?̂ p^? ??̂ μp^= What is the standard deviation of the sampling distribution of ?̂ p^? Give your answer precise to three decimal places. ??̂ σp^=
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 6E
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Suppose that, as part of a game at a charity carnival, players are invited to spin a wheel for a chance at winning either a small, medium, or large prize. The wheel is constructed so that the probability that a player does not win a prize, ?p, is 0.50. If a random sample of 40 players is selected, then ?̂ p^ is the proportion of players in the sample who do not win a prize.
What is the mean of the sampling distribution of ?̂ p^?
??̂ μp^=
What is the standard deviation of the sampling distribution of ?̂ p^? Give your answer precise to three decimal places.
??̂ σp^=
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