Chapter 8: Problem 43
Explain why there is sample-to-sample variability in \(\hat{p}\) but not in \(p\).
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Chapter 8: Problem 43
Explain why there is sample-to-sample variability in \(\hat{p}\) but not in \(p\).
These are the key concepts you need to understand to accurately answer the question.
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The report "New Study Shows Need for Americans to Focus on Securing Online Accounts and Backing Up Critical Data" (PRNewswire, October 29,2009 ) reported that only \(25 \%\) of Americans change computer passwords quarterly, in spite of a recommendation from the National Cyber Security Alliance that passwords be changed at least once every 90 days. For purposes of this exercise, assume that the \(25 \%\) figure is correct for the population of adult Americans. a. A random sample of size \(n=200\) will be selected from this population and \(\hat{p}\), the proportion who change passwords quarterly, will be calculated. What are the mean and standard deviation of the sampling distribution of \(\hat{p} ?\) b. Is the sampling distribution of \(\hat{p}\) approximately normal for random samples of size \(n=200 ?\) Explain. c. Suppose that the sample size is \(n=50\) rather than \(n=200 .\) Does the change in sample size affect the mean and standard deviation of the sampling distribution of \(\hat{p} ?\) If so, what are the new values of the mean and standard deviation? If not, explain why not. d. Is the sampling distribution of \(\hat{p}\) approximately normal for random samples of size \(n=50 ?\) Explain.
The article "Facebook Etiquette at Work" (USA Today, March 24, 2010) reported that \(56 \%\) of 1,200 social network users surveyed indicated that they thought it was not \(\mathrm{OK}\) for someone to "friend" his or her boss. Suppose that this sample can be regarded as a random sample of social network users. Is it reasonable to conclude that more than half of social network users feel this way? Use what you know about the sampling distribution of \(\hat{p}\) to support your answer.
The article "Students Increasingly Turn to Credit Cards" (San Luis Obispo Tribune, July 21,2006 ) reported that \(37 \%\) of college freshmen carry a credit card balance from month to month. Suppose that the reported percentage was based on a random sample of 1,000 college freshmen. Suppose you are interested in learning about the value of \(p,\) the proportion of all college freshmen who carry a credit card balance from month to month. The following table is similar to the table that appears in Examples 8.4 and \(8.5,\) and is meant to summarize what you know about the sampling distribution of \(\hat{p}\) in the situation just described. The "What You Know" information has been provided. Complete the table by filling in the "How You Know It" column.
A random sample will be selected from a population that has a proportion of successes \(p=0.70 .\) Determine the mean and standard deviation of the sampling distribution of \(\hat{p}\) for each of the following sample sizes: a. \(n=10\) d. \(n=50\) b. \(n=20\) e. \(n=100\) c. \(n=30\) f. \(n=200\)
The article "Career Expert Provides DOs and DON'Ts for Job Seekers on Social Networking" (CareerBuilder.com, August 19,2009 ) included data from a survey of 2,667 hiring managers and human resource professionals. The article noted that many employers are using social networks to screen job applicants and that this practice is becoming more common. Of the 2,667 people who participated in the survey, 1,200 indicated that they use social networking sites (such as Facebook, MySpace, and LinkedIn) to research job applicants. For the purposes of this exercise, assume that the sample can be regarded as a random sample of hiring managers and human resource professionals. a. Suppose you are interested in learning about the value of \(p,\) the proportion of all hiring managers and human resource managers who use social networking sites to research job applicants. This proportion can be estimated using the sample proportion, \(p .\) What is the value of \(p\) for this sample? b. Based on what you know about the sampling distribution of \(p,\) is it reasonable to think that this estimate is within 0.02 of the actual value of the population proportion? Explain why or why not.
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