Answer:
Mean = 0.05
Standard deviation = 0.02179
Step-by-step explanation:
Data provided in the question:
People of age 65 and older who prefer to watch the news rather than to read or listen, watch the news online, p = 5% = 0.05
Sample size, n = 100
Now,
q = 1 - p
⇒ q = 1 - 0.05 = 0.95
If the random samples are selected from the population with the population proportion of 'p' then the mean is given as
Mean = p
or
Mean = 0.05
And,
Standard deviation = [tex]\sqrt{\frac{pq}{n}}[/tex]
or
Standard deviation = [tex]\sqrt{\frac{0.05\times0.95}{100}}[/tex]
or
Standard deviation = 0.02179