Question

A recent study on Millennials was done and as part of the study, it was found...

A recent study on Millennials was done and as part of the study, it was found that 43% of Millennials do not want to have kids. Suppose a random sample of 250 Millennials is taken. Describe the sampling distribution

Homework Answers

Answer #1

Solution

Given that,

p = 0.43

1 - p = 1-0.43=0.57

n = 250

sampling distribution of sample proportion =(0.43,250)

mean = = p =0.43

standard deviation = =  [p ( 1 - p ) / n] =   [(0.43*0.57) /250 ] = 0.0313

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