"Take a simple random sample without replacement of size 100 and estimate the proportion of respondents who think that ASA should develop some form of certification (YES=1)." In this case what formula should you use to compute this? (number of respondents in the entire population who think that ASA should develop/population size) or something else?
Solution:
Given:
Take a simple random sample without replacement of size 100 and estimate the proportion of respondents who think that ASA should develop some form of certification (YES=1).
We have to state which formula should be used to compute the proportion of respondents who think that ASA should develop.
To estimate the proportion of respondents who think that ASA should develop we use sample information, that is:Total number of respondents in the sample = n and x = number of respondents who think that ASA should develop.
Thus sample proportion is given by :
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