Answer on Question #51424 – Math – Statistics and Probability
Assume that the population proportion is 0.80.
1. Compute the standard error of the sample proportion for a sample size of 1600.
2. Compute the standard error of the sample proportion for a sample size of 10.
Solution
1. In given problem we have the following data, . In order to determine the standard error of the sample proportion we apply the following formula:
Substitute all values into the above formula:
Thus, the standard error of the sample proportion for a sample size is equal to 0.01.
2. In given problem we have the following data, . In order to determine the standard error of the sample proportion we apply the same formula for calculation.
Substitute into the formula noted above values.
Thus, the standard error of the sample proportion for a sample size is equal to 0.127.
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