The Standard Error of the Sampling Distribution of the Sample $\hat { p }$

question 116

True/False

The standard error of the sampling distribution of the sample proportion $\hat { p }$ ,when the sample size n = 100 and the population proportion p = 0.30,is 0.0021.

Apply accounting principles to real-life scenarios involving not-for-profit financial transactions and reporting.

Analyze the effects of transactions on the financial statements of not-for-profit organizations.

Distinguish between different methods of recognizing donation revenue under various conditions.

Explain the concept of fund accounting and its application in not-for-profit organizations.

---

Definitions:

T-distribution

A probability distribution that arises when estimating the mean of a normally distributed population in situations where the sample size is small and the population variance is unknown.

Sampling Distribution

The probability distribution of a given statistic based on a random sample.

Independent Sample Variances

A measure of the variability in each of two or more independent samples, used in hypothesis testing to assess the assumption of equal variances.

Normal Populations

Populations that are distributed in a way that forms a symmetrical, bell-shaped curve when graphed, with most members being close to the average.