Interpret the sample proportion, p+ , as a sample mean.
A sample proportion is a random variable: it varies from sample to sample in a way that cannot be predictedwith certainty. Viewed as a random variable it will be written p' it has mean
μP^ and a standard deviation .σP^. Here are formulas for their values.
Suppose random samples of size n are drawn from a population in which the proportion with a characteristic of interest is p. The mean μP^ and standard deviation σP^ of the sample proportion P^ satisfy
μPˆ=p and σPˆ=√pqn
where q=1−p.
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