Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
The mean of the distribution sample is 0.62 and the standard error of the distribution sample is 0.069
What is Mean ?
Mean is the study of central tendency of a data set. The average value of the data points is the mean.
It is given that
The probability that the students have the student loan is = 62% = 0.62
The probability that the students do not have student loan is
1 - p
= 1 - 0.62
= 0.38
Total number of students is
n = 50
1) [tex]\rm \mu \;\hat p[/tex] = p = 0.62
2) [tex]\rm \sigma\hat p[/tex] = [tex]\rm \sqrt {p ( 1 - p ) / n}[/tex]
= [tex]\rm \sqrt {(0.62 * 0.38) / 50}[/tex]
= 0.069
Therefore the mean of the distribution sample is 0.62 and the standard error of the distribution sample is 0.069.
To know more about Probability
https://brainly.com/question/11234923
#SPJ1
Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.
