Let P Denote the Proportion of Individuals in a Population $\hat { p } = X / n$

question 70

Short Answer

Let p denote the proportion of individuals in a population who possess a specified property, and X denote the number of individuals in the sample who possess the same property. Provided that the sample size n is large, then both X and the estimator $\hat { p } = X / n$ are approximately __________ distributed.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation, with voting rights at shareholder meetings.

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, as a portion of the company's profits.

Earnings Per Share

A financial ratio that calculates the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company’s profitability.

Noncumulative Preferred Stock

A type of preferred stock that does not entitle the holder to claim dividend payments that were missed or not declared by the company.