According to a survey in a country 29 of adults do not have

According to a survey in a country 29%, of adults do not have any credit cards. Suppose a simple random sample of 300 adults are obtained. Determine the mean on the sampling distribution of p^

Solution

The mean of the sampling distirbution of p^ is also the population proportion.

Thus,

u(p^) = 0.29 [ANSWER]

According to a survey in a country 29%, of adults do not have any credit cards. Suppose a simple random sample of 300 adults are obtained. Determine the mean on

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