The Sample Proportion $$\hat { p }$$ Is a Consistent Estimator of the Population Proportion P Because

question 112

True/False

The sample proportion $$\hat { p }$$ is a consistent estimator of the population proportion p because it is unbiased and the variance of $$\hat { p }$$ is p(1 - p)/n, which grows smaller as n grows larger.

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Definitions:

Valuing

The process of estimating the worth or value of a business, asset, or investment.

Nonprofit

Organizations that are dedicated to furthering a particular social cause or advocating for a shared point of view, without the goal of generating profit for owners or investors.

Charitable

relating to or involving the giving of money, goods, or help to those in need without expecting anything in return.

Subsidized

Financial support provided, often by the government, to help reduce the cost of a service or commodity to the end user.