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The Gallup Poll asked a probability sample of 2500 U.S. adults whether they used a credit...

  1. The Gallup Poll asked a probability sample of 2500 U.S. adults whether they used a credit card to pay for groceries that week. Suppose that 25% of the adult population did. We would like to know the probability that an SRS of size 2500 would come within plus or minus 2 percentage points of this true value.
    1. If p-hat is the proportion of the sample who did use a credit card to pay for groceries, what is the mean of p-hat? (2 points)

    2. What is the standard deviation of p-hat? (2 points)

    3. Explain why you can use the formula for the standard deviation of p-hat in this setting. (2 points)

    4. Check that you can use the normal approximation for the distribution of p-hat.(2 points)

    5. Find the probability that p-hat takes a value between 0.23 and 0.27. (4 points)
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