Distribution model for sample proportions

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Send money. When they send out their fundraising letter, a philanthropic organization typically gets a return from about 5% of the people on their mailing list. To see what the response rate might be for future appeals, they did a simulation using samples of size 20, 50, 100, and 200. For each sam- ple size, they simulated 1000 mailings with success rate p = 0.05 and constructed the histogram of the 1000 sample proportions, shown below. Explain how these histograms demonstrate what the Central Limit Theorem says about the sampling distribution model for sample proportions. Be sure to talk about shape, center, and spread.

Reference no: EM131008737

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