Describe the sampling distribution of p, assuming the size of the population is 15,000. Determine the mean of the sampling distribution of p (Round to three decimal places). Determine the standard deviation of the sampling distribution of p (Round to three decimal places).
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The sampling distribution of p is the distribution of all possible values of the proportion p that could be obtained from random samples of size 700 from a population of size 15,000, assuming a population proportion of 0.253. Show more…
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