Math Problem Statement

Suppose I sample 100 individuals and find that 𝑝̂ =.2 of them like tapioca pudding but (1βˆ’π‘Μ‚ )=0.8 do not like tapioca pudding. What is the standard error of the estimate of the proportion of individuals who like tapioca pudding, 𝑝̂ ?

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Proportion Estimation
Standard Error

Formulas

SE(𝑝̂) = √((𝑝̂(1βˆ’π‘Μ‚))/n)

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 10-12