Central Limit Theorem (CLT) for Sample Proportion

Suppose a simple random sample of size n is to be taken from a large population (more than ten times larger than the sampel size or a process) in which the true proportion (or probability) possessing the attribute of interest is pi. The sampling distribution of the sample proportion is approximately normal with mean equal to pi and standard deviation equal to

standard deviation of phat

[Note: This normal approximation becomes more and more accurate as the sample size n increases and is generally considered to be valid as long as npi >10 and n(1-pi) > 10.]

Sampling Distribuiton of phat