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The Standard Error of the Sampling Distribution of the Sample p~\tilde{ p }

question 61

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


Definitions:

Unemployment Rate

The portion of people in the labor market who are without jobs and are searching for employment.

Percentage Point

A unit for measuring the difference between percentages, emphasizing the change in values over time.

Slope

In mathematics, the slope represents the rate of change between two points on a line, indicating its steepness and direction.

Positive

A term indicating the presence of or addition to something, often used in a favorable or optimistic sense.

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