If you use a large enough statistical sample size, you can apply the Central Limit Theorem (CLT) to a sample proportion for categorical data to find its sampling distribution. The population proportion, p, is the proportion of individuals in the population who have a certain characteristic of interest (for example, the proportion of all Americans who are registered voters, or the proportion of all teenagers who own cellphones). The sample proportion, denoted
He will give about 99 prizes to each student
The answer is the second sentence