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kondaur [170]
3 years ago
5

In a population, 11% of people are left handed. In a simple random sample of 160 people selected from this population, the propo

rtion of left handers is 0.10. Denote the sample proportion (phat) and the claimed proportion (p0).
Mathematics
1 answer:
castortr0y [4]3 years ago
7 0

Answer:

The claimed proportion (population) is

p=0.11

The sample proportion (p-hat) is

\hat{p}=0.10

Step-by-step explanation:

In the population, we have the parameter p that is 11%.

p=0.11

Then, a sample of n=160 is taken and the proportion of the sample is 0.10.

\hat{p}=0.10

The sample proportion p-hat can differ from the population's proportion. There is a sampling distribution that gives the possible values of the sample proportion taken out of this population and its associated probabilities.

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How many days would it take a construction loan of $548,048 to earn$50,000 exact interest at 9% interest rate?
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