Problem

Suppose a simple random sample of size $n=75$ is obtained from a population whose size is $N=30,000$ and whose population proportion with a specified characteristic is $p=0.6$. Complete parts (a) through (c) below.
(a) Describe the sampling distribution of $\hat{p}$.

Choose the phrase that best describes the shape of the sampling distribution below.
A. Not normal because $n \leq 0.05 \mathrm{~N}$ and $n p(1-p) \geq 10$.
B. Approximately normal because $n \leq 0.05 \mathrm{~N}$ and $n p(1-p) \geq 10$.
C. Approximately normal because $n \leq 0.05 \mathrm{~N}$ and $n p(1-p)< 10$.
D. Not normal because $n \leq 0.05 \mathrm{~N}$ and $n p(1-p)< 10$.

Determine the mean of the sampling distribution of $\hat{p}$.
$\mu_{p}=\square$ (Round to one decimal place as needed.)
Determine the standard deviation of the sampling distribution of $\hat{p}$.
$\sigma_{\hat{p}}=\square$ (Round to six decimal places as needed.)

Answer

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Answer

The standard deviation of the sampling distribution of \(\hat{p}\) is approximately \(\boxed{0.056568}\).

Steps

Step 1 :Given values are: sample size \(n = 75\), population size \(N = 30000\), and population proportion \(p = 0.6\).

Step 2 :Check if \(n \leq 0.05N\) and \(np(1-p) \geq 10\).

Step 3 :Calculate the mean of the sampling distribution of \(\hat{p}\) which is equal to \(p\). So, \(\mu_{\hat{p}} = p = 0.6\).

Step 4 :Calculate the standard deviation of the sampling distribution of \(\hat{p}\) using the formula \(\sigma_{\hat{p}} = \sqrt{\frac{p(1-p)}{n}}\).

Step 5 :The shape of the sampling distribution of \(\hat{p}\) is approximately normal because the sample size is less than or equal to 5% of the population size and \(np(1-p)\) is greater than or equal to 10.

Step 6 :The mean of the sampling distribution of \(\hat{p}\) is \(\boxed{0.6}\).

Step 7 :The standard deviation of the sampling distribution of \(\hat{p}\) is approximately \(\boxed{0.056568}\).

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