The population proportion is .30. What is the probability that a sample proportion will bewithin ±.04 of the population proportion for each of the following sample sizes?a. n = 100b. n = 200c. n = 500d. n = 1000e. What is the advantage of a larger sample size?
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
The population proportion is .30. What is the probability that a sample proportion will be
within ±.04 of the population proportion for each of the following sample sizes?
a. n = 100
b. n = 200
c. n = 500
d. n = 1000
e. What is the advantage of a larger sample size?
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