a random sample of size n=73 is taken from a population of size n=749 with a population proportion p=0.59. a-1. is it necessary to apply the finite population correction factor? a-2. calculate the 1.expected value and the 2.standard error of the sampling proportion. b. What is the probability that the sampling proportion is less than 0.51?
Answer:
Given that:
A random sample of size n=73 is taken from a population of size n=749 with a population proportion p=0.59
a-1. Is it necessary to apply the finite population correction factor?
No
a-2. calculate the 1.expected value and the 2.standard error of the sampling proportion
Expected value = 0.59
Standard deviation =
b. What is the probability that the sampling proportion is less than 0.51?
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