Suppose a simple random sample of size nequals=75 is obtained from a population whose size is Upper N equals N=25,000 and whose population proportion with a specified characteristic is p equals 0.6
1. Describe the sampling distribution of p hat
2. Determine the mean of the sampling distribution
3. Determine the standard deviation of the sampling distribution
4. What is the probability of obtaining xequals=48 or more individuals with the characteristic? That is, what is P(ModifyingAbove p with caretpgreater than or equals≥0.640.64)?
5. What is the probability of obtaining
xequals=3636
or fewer individuals with the characteristic? That is, what is
P(ModifyingAbove p with caretpless than or equals≤0.480.48)?
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