Examlex

Solved

If a Simple Random Sample of 300 Observations Is Taken p~\tilde{ p }

question 43

True/False

If a simple random sample of 300 observations is taken from a population whose proportion p = 0.6, then the expected value of the sample proportion p~\tilde{ p } is 0.60.


Definitions:

Giving To Charity

The act of donating money, goods, or time to support those in need or to promote a cause.

Precommitment Device

A strategy or mechanism used to constrain one's future actions or decisions to help achieve a long-term goal or avoid impulsive behavior.

Behavioral Economists

Researchers in economics focusing on how psychological, cognitive, emotional, cultural, and social aspects influence the economic choices made by individuals and institutions.

Availability Heuristic

A mental heuristic that uses the most readily accessible examples in someone's memory to appraise a specific area, concept, technique, or decision-making process.

Related Questions