Random samples of size n were selected from binomial populat
Random samples of size n were selected from binomial populations with population parameters p given here. Find the mean and the standard deviation of the sampling distribution of the sample proportion p in each case. (a)
n = 400, p = 0.7
| mean | |
| standard deviation |
Solution
The mean np=400*0.7=280
The standard deviation is:
(0.7*0.3)/400=0.022
