If random samples of the given size are drawn from a population with the given proportion, find the standard error of the distribution of sample proportions. a) Samples of size 35 from a population with proportion 0.37. b) Samples of size 500 from a population with proportion 0.75.
Solution:
a)
Standard Error = [ * (1 - ) / n]
= [(0.37 * 0.63) / 35]
= 0.082
b)
Standard Error = [ * (1 - ) / n]
= [(0.75 * 0.25) / 500]
= 0.019
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