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A population proportion is .75.  A random sample of size 100 will be taken and the sample proportion  will be used to estimate the population proportion.  What is the probability that the sample proportion will be within +/- .03 of the population proportion?

Options
A.51%
B.75%
C.24%
D.68%
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We start by identifying the sampling distribution of the sample proportion. With a population proportion p = 0.75 and sample size n = 100, the standard error of the sample proportion p̂ is SE = sqrt[p(1 − p)/n] = sqrt[(0.75)(0.25)/100] = sqrt(0.1875/100) = sqrt(0.001875) ≈ 0.0433. We want the probability that p̂ is within ±......Login to view full explanation

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