Suppose a simple random sample of size nequals=200 is obtained from a population whose size is Upper N equals 30 comma 000N=30,000 and whose population proportion with a specified characteristic is p equals 0.6 .p=0.6. Complete parts ​(a) through​ (c) below. ​(a) Describe the sampling distribution of ModifyingAbove p with caretp. Choose the phrase that best describes the shape of the sampling distribution below.     A. Not normal because n less than or equals 0.05 Upper Nn≤0.05N and np left parenthesis 1 minus p right parenthesis greater than or equals 10.np(1−p)≥10.   B. Not normal because n less than or equals 0.05 Upper Nn≤0.05N and np left parenthesis 1 minus p right parenthesis less than 10.np(1−p)<10.   C. Approximately normal because n less than or equals 0.05 Upper Nn≤0.05N and np left parenthesis 1 minus p right parenthesis greater than or equals 10.np(1−p)≥10.   D. Approximately normal because n less than or equals 0.05 Upper Nn≤0.05N and np left parenthesis 1 minus p right parenthesis less than 10.np(1−p)<10.   Determine the mean of the sampling distribution of ModifyingAbove p with caretp.   mu Subscript ModifyingAbove p with caret Baseline equalsμp=nothing ​(Round to one decimal place as​ needed.)

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.