Sample Proportion And Population Proportion
Sample Proportion And Population Proportion. P′ = x / n where x represents the number of successes and n represents the sample size. The population proportion is denoted p and the sample proportion is denoted ˆp.
If repeated random samples of a given size n are taken from a population of values for a categorical variable, where the proportion in the category of interest .
The variable p′ is the sample proportion and serves as the point . Thus, a 68% confidence interval for . Thus if in reality 43% of people entering a store make a purchase before leaving . The population proportion is denoted p and the sample proportion is denoted ˆp.