Questions: Current Attempt in Progress Figure 1 shows sample proportions from samples of size n=180 from a population. Estimate the value of the population parameter and estimate the standard error for the sample statistic.
Figure 1 Sampling distribution Round your answers to two decimal places. p= SE=
Transcript text: Current Attempt in Progress Figure 1 shows sample proportions from samples of size $n=180$ from a population. Estimate the value of the population parameter and estimate the standard error for the sample statistic.
Figure 1 Sampling distribution Round your answers to two decimal places. \[ p= \] \[ SE= \]
Solution
Solution Steps
Step 1: Identify the sample proportion (p̂)
The sample proportion (p̂) is the mean of the sampling distribution. From the histogram, the mean appears to be around 0.80.
Step 2: Calculate the standard error (SE)
The standard error (SE) of the sample proportion is calculated using the formula:
\[ SE = \sqrt{\frac{p(1-p)}{n}} \]
where \( p \) is the sample proportion and \( n \) is the sample size.
Given:
\[ p = 0.80 \]
\[ n = 180 \]
\[ SE = \sqrt{\frac{0.80 \times (1 - 0.80)}{180}} \]
\[ SE = \sqrt{\frac{0.80 \times 0.20}{180}} \]
\[ SE = \sqrt{\frac{0.16}{180}} \]
\[ SE = \sqrt{0.0008889} \]
\[ SE \approx 0.03 \]