A Random Sample of N = 300 Measurements Is Drawn $\hat { \mathrm { p } }$

question 51

Multiple Choice

A random sample of n = 300 measurements is drawn from a binomial population with probability of success .43. Give the mean and the standard deviation of the sampling distribution of the sample Proportion, $\hat { \mathrm { p } }$

• A) .43; .014
• B) 57; .014
• C) .43; .029
• D) .57; .029

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Definitions:

Provision

An amount set aside in the accounts of a company to cover a future liability or decrease in the value of an asset.

Accounts Receivable

Liabilities of customers to a firm for provisions or merchandise that have been delivered but payment is outstanding.

Capital Balance

The amount recorded in a shareholder's or partner's equity account, reflecting their investment in the business.

Full Time

Employment status characterized by working a minimum number of hours defined by the employer, typically involving benefits not offered to part-time employees.