Question

Suppose a population parameter is 0.8, and many large samples are taken

Answer 1

Using the Empirical Rule, it is found that standard deviation of the sample proportions is of 0.058.

What does the Empirical Rule state?

It states that, for a normally distributed random variable:

• Approximately 68% of the measures are within 1 standard deviation of the mean.

• Approximately 95% of the measures are within 2 standard deviations of  the mean.

• Approximately 99.7% of the measures are within 3 standard deviations of the mean.

0.684 and 0.916 is within 2 standard deviations of the mean(below and above), hence there are 4 standard deviations between these measures, so:

4s = (0.916 - 0.684)

s = (0.916 - 0.684)/4

s = 0.058.

More can be learned about the Empirical Rule at brainly.com/question/24537145

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