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Mathematics, 18.06.2021 18:40 PaavanPatel

Executives from Six Flags, a well-known amusement park chain, had interest in constructing a Six Flags theme park in a location near Ames city limits. Experts believed that approximately 15% of the surrounding population would be interested in becoming season ticket holders. A random sample of 500 residents of Story County was collected (of the approximately 80,000 residents of Story County). Of the 500 people sampled, 124 said that they would be interested in purchasing season tickets to a Six Flags in Ames. The mean of the sampling distribution for the sample proportion when taking samples of size 500 from this population is equal to .

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