The Sample Proportion Is a Consistent Estimator of the Population

question 34

True/False

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

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Definitions:

U.S. Census Bureau

The federal agency responsible for collecting and analyzing data about the American people and economy.

\(203.0(1.0107)^t\)

This expression models exponential growth or decay, depending on the context, where 203.0 is the initial quantity, 1.0107 represents the growth (or decay) rate, and \(t\) is the time variable.

Composition

The way in which a whole or mixture is made up from various parts, or in mathematics, the application of one function to another.

\(4x+5\)

A linear expression representing a line with a slope of 4 and a y-intercept of 5.