The population proportion is 0.32. 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? There is a higher probability σp will be within ±0.04 of the population standard deviation.We can guarantee p will be within ±0.04 of the population proportion p. There is a higher probability p will be within ±0.04 of the population proportion p.As sample size increases, E(p) approaches p.
The population proportion is 0.32. 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? There is a higher probability σp will be within ±0.04 of the population standard deviation.We can guarantee p will be within ±0.04 of the population proportion p. There is a higher probability p will be within ±0.04 of the population proportion p.As sample size increases, E(p) approaches p.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
Related questions
Question
The population proportion is 0.32. 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 ?
There is a higher probability
σp
will be within ±0.04 of the population standard deviation.We can guarantee
p
will be within ±0.04 of the population proportion p. There is a higher probability
p
will be within ±0.04 of the population proportion p.As sample size increases,
E(p)
approaches p.Expert Solution
Trending now
This is a popular solution!
Step by step
Solved in 9 steps with 8 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning