Question

How can I find what "p" is in statistics? I need it for the mean and standard deviation of the sampling distribution of phat.

Answer 1

Can't answer this without more context. p is just a symbol. it's like asking "How do I solve for x?"

Answer 2

Well the question is "A survey indicated that 72% of blah if given a choice would prefer to start their own business. A random sample of 600 people is obtained. Describe the sampling distribution of phat.

Answer 3

OK so p=0.72

Answer 4

I got Mu of phat from getting 72% of 600.

Answer 5

Oh, alright, thanks.

Answer 6

Again sorry for simple questions.

Answer 7

np. we luv simple questions :)

Answer 8

:D

Answer 9

How about 1/0?

Answer 10

Infinity

Answer 11

Sweet.