(a). P=0.7, n=200
Since np=140 and nq=60 are greater than 5, P is approximately normal with mean P and standard deviation "\\sqrt{\\frac{P(1-P)}{n}}"
Thus, the mean of the sampling distribution is 0.7 and the standard deviation is "\\sqrt{\\frac{0.7\\times{0.3}}{200}}=0.032404"
(b)."\\hat{p}"
"\\hat{p}=\\frac{x}{n}=\\frac{120}{200}=0.6"
Since 0.6 is calculated from a sample, it is a statistic.
(c). "P(x\\le120)=P(P\\le0.6)"
"Z-score =\\frac{\\hat{p}-p}{\\sqrt{\\frac{P(1-P)}{n}}}"
"=\\frac{0.6-0.7}{\\sqrt{\\frac{0.7(1-0.7)}{200}}}=-3.086038761"
From z table or =NORM.S.DIST(-3.086038761,TRUE) excel formula, "p(z\\le-3.086038761)=0.001014212"
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