What is the standard deviation of proportion of bad cookies

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You have joined a large bakery manufacturing cookies. The bakery operation generates 300,000 cookies per day. The proportion of good cookies is 0.97. If you draw a sample of 1 cookie what is the standard deviation of the proportion of bad cookies?

If you change your sample to a sample size of 50, what is the p-hat value for the bad cookies?

For the sample size of 50, what is the sigma p-hat value for the bad cookies?

Reference no: EM132399910

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