A Simple Random Sample of 100 Observations Is Taken from a Population

question 61

Short Answer

A simple random sample of 100 observations is taken from a population. Assume that the population proportion p = 0.5.
a. What is the expected value of the sample proportion $\hat { p }$ ?
b. What is the standard error of the sample proportion $\hat { p }$ ?

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Definitions:

Task Accomplishment

The completion of specific duties or assignments effectively and efficiently as per predefined standards or goals.

Day Off

A period of time, usually 24 hours, when an individual is not required to work, allowing for rest or leisure activities.

Negative Outcome Valence

The extent to which the potential outcomes of a decision or process are perceived as undesirable or adverse, influencing individuals' approach to risk and decision-making.

Expectancy Theory

This motivational theory asserts that the strength of an individual's motivation to perform a task is determined by the desirability of the reward promised for successful completion and the perceived likelihood of achieving it.