The Mean of the Sampling Distribution of the Sample Proportion $\hat { p }$

question 88

True/False

The mean of the sampling distribution of the sample proportion $\hat { p }$ , when the sample size n = 100 and the population proportion p = 0.92, is 92.0.

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Definitions:

Marginal Satisfaction

The change in satisfaction or utility that a consumer experiences from consuming an additional unit of a good or service.

Utility-Maximizing

The economic principle that consumers choose combinations of goods and services to maximize their satisfaction or utility under budget constraints.

Economic Theory

A set of principles and models that explain how economic agents interact and how economies function.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.