Examlex
Suppose that .06 of each of two populations possess a given characteristic.Samples of size 400 are randomly drawn from each population.The probability that the difference between the first sample proportion which possess the given characteristic and the second sample proportion which possess the given characteristic being more than +.03 is _______.
Population proportion
The proportion of a specific group or characteristic within a defined population.
Margin of error
An indicator of the precision of an estimate, representing the range within which the true population parameter is expected to lie with a certain confidence level.
Confidence interval
A reach of numerical outputs, from sampling statistics, with the potential to cover the hidden value of a population parameter.
True proportion
The actual ratio or fraction of individuals or items within a population that possesses a particular characteristic.
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