Sample Proportion Formula:
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The sample proportion (p̂) is a statistic that estimates the probability of an event occurring in a population, calculated as the number of successes divided by the number of trials. It's a fundamental concept in statistics for estimating population proportions.
The calculator uses the sample proportion formula:
Where:
Explanation: The formula simply divides the count of successful outcomes by the total number of observations.
Details: Sample proportion is essential for statistical inference, confidence interval calculation, hypothesis testing, and quality control processes.
Tips: Enter the number of successes (x) and total trials (n). Both must be non-negative integers with x ≤ n. The result will always be between 0 and 1.
Q1: What's the difference between p and p̂?
A: p represents the true population proportion (unknown), while p̂ is the sample proportion (calculated from data).
Q2: What are valid values for p̂?
A: p̂ must be between 0 (no successes) and 1 (all trials were successes).
Q3: When is p̂ a good estimator?
A: When the sample is random and representative of the population, and when n is sufficiently large.
Q4: What sample size is needed?
A: For reliable estimates, typically n should be large enough that both np̂ and n(1-p̂) are ≥10.
Q5: How is p̂ used in confidence intervals?
A: p̂ is the center of confidence intervals for population proportion, with margin of error based on standard error.