00:01
All right, so we have a random sample of 100 people.
00:04
We're selected from this population of 65 and older.
00:09
And p -hat, the proportion of people who prefer to watch online will be calculated where the mean and standard deviation in the sampling distribution of p -hat.
00:17
So the mean is the same as the population, which is totaled as 0 .05.
00:21
So the mean is still 0 .5.
00:23
The standard deviation is given as it's also called the standard error of the proportion.
00:31
Which is equal to the square root of p times one minus p over the sample size.
00:41
So we're told p in this case is 0 .05.
00:57
And this should be mean proportion.
00:59
They should say they're like, yeah, you might see like this.
01:03
U .p or just p, something like that.
01:08
I put it as as mu.
01:11
But i guess we should put this subscript there.
01:14
So what we do is we take the square root of 0 .05 times 0 .95 tied by 100.
01:26
And then we get 0 .027.
01:31
Let's see round to 4 decimals...