According to a recent poll, 64% of adults who use the Internet have paid to download music. In a random sample of size 675, adults who use the Internet, let [^(p)] represent the sample proportion who have paid to download music.
Find the mean of the sampling distribution of [^(p)]. Answer to 2 decimal places.
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Find the standard deviation of the sampling distribution of [^(p)]. Answer to 4 decimal places.
Tries 0/5 |
What does the Central Limit Theorem say about the shape of the
sampling distribution of [^(p)]?
The Central Limit Theorem says that the shape of the sampling
distribution of [^(p)] is completely determined by the
population parameter p.
The Central Limit Theorem says that as the sample size grows large,
the sampling distribution of [^(p)] will approach the
population distribution.
The Central Limit Theorem says that as the sample size grows large,
the sampling distribution of [^(p)] will become
approximately normal.
The Central Limit Theorem does not say anything about the sampling
distribution of [^(p)] because it is not a population
mean.
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Compute the probability that [^(p)] is less than 0.598. Answer to 4 decimal places.
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Find a such that P(0.64 − a < [^(p)] < 0.64 +a ) = 0.59. Answer to 3 decimal places.
p = 0.64, n = 675
Mean of the sampling distribution, μp̂ = 0.64
Standard deviation of the sampling distribution, σp̂ = √(p*(1-p)/n) = √(0.64 * 0.36 / 675) = 0.0185
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The Central Limit Theorem says that as the sample size grows large, the sampling distribution of p̂ will become approximately normal.
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P(p̂ < 0.598)
= P((p̂ - μp̂)/σp̂ < (0.598 - 0.64)/0.0185)
= P(z < -2.2733)
Using excel function:
= NORM.S.DIST(-2.2733, 1)
= 0.0115
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P(0.64-a < p̂ < 0.64+a) = 0.59
= P(p̂ < 0.64+a) - P(p̂ < 0.64-a) = 0.59
= P(p̂ < 0.64+a) - [1 - P(p̂ < 0.64+a)] = 0.59
= 2P(p̂ < 0.64+a) - 1 = 0.59
= P(p̂ < 0.64+a) = 0.795
Z score at p = 0.795 using excel = NORM.S.INV(0.795) = 0.8239
Value of p = µp̂ + z*σp̂ = 0.64 + (0.8239)*0.0185 = 0.655
a = 0.655 - 0.64 = 0.015
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