Why will the variability of the sample proportion change


Problem

Real estate ownership. An agency of the federal government plans to take an SRS of residents in each state to estimate the proportion of owners of real estate in each state's population. The populations of the states range from less than 500,000 people in Wyoming to about 35 million in California.

(a) Will the variability of the sample proportion vary from state to state if an SRS of size 2000 is taken in each state? Explain your answer.

(b) Will the variability of the sample proportion change from state to state if an SRS of 1/10 of 1% (0.001) of the state's population is taken in each state? Explain your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why will the variability of the sample proportion change
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