00:01
So we know we have a random sample of 70 coming from a binomial population with the probability of success being 0 .3.
00:07
And we want to look at the sampling distribution and find what is the mean of a sampling distribution of p -hats.
00:14
And again, that means we have a population here.
00:17
We take a sample size of 70 and we get a p -hat.
00:20
We take another sample size of 70 and we get a p -hat.
00:23
And we do this over and over infinitely many times.
00:26
So we want to know what the mean of these p -hat.
00:30
Hats is and what the standard deviation is.
00:33
And this mean should be 0 .3 and the standard deviation of the p hat should be equal to the 0 .3 times its complement divided by the sample size.
00:45
And let's get what that is.
00:46
And then i'll put that in my calculator and store that so i don't have to do it again.
00:51
So 0 .3 times 0 .7 divided by that 70 all underneath the radical.
00:56
And so that has a standard deviation of 0 .0 .0 .0 .0 .0.
00:59
So 0 .5, divided by that has a five, four, and i'll round it to eight...