View Question
Q: Statistics ( No Answer,   2 Comments )
 Question
 Subject: Statistics Category: Science > Math Asked by: calimnet-ga List Price: \$2.00 Posted: 17 May 2006 16:45 PDT Expires: 19 May 2006 10:49 PDT Question ID: 729883
 ```I have the following exercise question I am trying to answer: If the standard error of the sampling distribution of the sample proportion is 0.0229 for samples of size 400, then the population proportion must be either: 0.5 or 0.5. 0.4 or 0.6. 0.3 or 0.7. 0.2 or 0.8. I am using the "Standard error of the proportion" equation to solve for the proportion (p) and arrive at an answer close to 0.3 or 0.7. However I am not certain that I am actually going about it the right way and that my answer is actually correct. I would like to know the best way to solve this.```
 ```The formula for the standard error of a sample proportion is sqrt(p(1-p)/n). So here .0229 = sqrt(p(1-p)/400). This gives p(1-p) = .210 (approximately). So p = .3 or .7.```
 ```Thanks bc. Its good to know I have the right equation. I also come out at .210 but I am inclined to rather give an answer of p = .2 or .8 as a result of rounding down to .2```