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CENTRAL LIMIT THEOREM: what happens to the mean of sample proportions and the standard error of the proportion as you increase the number of samples?
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The standard error for proportions is given by \[\sqrt{\frac{\hat p(1-\hat p)}{n}}\] where \(\hat p\) is the estimated population proportion (i.e. the sample proportion) and \(n\) is the sample size. What happens as \(n\) increases?
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