Math Problem Statement

An investment website can tell what devices are used to access the site. The site managers wonder whether they should enhance the facilities for trading via​ "smart phones," so they want to estimate the proportion of users who access the site that way​ (even if they also use their computers​ sometimes). They draw a random sample of 200 investors from their customers. Suppose that the true proportion of smart phone users is 43​%. Complete parts a through c below. Question content area bottom Part 1 ​a) What would you expect the shape of the sampling distribution for the sample proportion to​ be? A. Normal B. Uniform C. Exponential D. None of these

Solution

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Math Problem Analysis

Mathematical Concepts

Sampling Distributions
Proportions
Central Limit Theorem

Formulas

Sample size: n = 200
True proportion: p = 0.43
Sampling distribution conditions: np ≥ 10, n(1-p) ≥ 10

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 10-12