Question

In a random sample of 64 people, 48 are classified as 'successful.' Determine the sample proportion of 'successful' people.

Answer 1

Answer:

The sample proportion of 'successful' people is $\frac{3}{4}$.

Step-by-step explanation:

The sample consist of 64 people and 48 of them are 'successful'. Hence, the proportion of 'successful' people is:

$p = \frac{n}{N}$

Where:

$N$ - People that forms the sample, dimensionless.

$n$ - People classified as 'successful', dimensionless.

Given that $n = 48$ and $N = 64$, the sample proportion of 'successful' people is:

$p = \frac{48}{64}$

$p = \frac{3}{4}$

The sample proportion of 'successful' people is $\frac{3}{4}$.