MathCastle
Statistics & DataChallengeSampling Distributions

Sampling Distributions · Challenge problem

A random sample of 400400 is taken from a large population in which the proportion pp with some trait is unknown. Using the normal model for p^\hat p, what is the SMALLEST possible value, over all pp between 00 and 11, of P(∣p^−p∣<0.04)P(|\hat p - p| < 0.04)? Give your answer to four decimal places.