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proportion
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Description
In statistics a population proportion, generally denoted by
P
{\displaystyle P}
or the Greek letter
π
{\displaystyle \pi }
, is a parameter that describes a percentage value associated with a population. A census can be conducted to determine the actual value of a population parameter, but often a census is not practical due to its costs and time consumption. For example, the 2010 United States Census showed that 83.7% of the American population was identified as not being Hispanic or Latino; the value of .837 is a population proportion. In general, the population proportion and other population parameters are unknown.
A population proportion is usually estimated through an unbiased sample statistic obtained from an observational study or experiment, resulting in a sample proportion, generally denoted by
p
^
{\displaystyle {\hat {p}}}
and in some textbooks by
p
{\displaystyle p}
.
For example, the National Technological Literacy Conference conducted a national survey of 2,000 adults to determine the percentage of adults who are economically illiterate; the study showed that 1,440 out of the 2,000 adults sampled did not understand what a gross domestic product is. The value of 72% (or 1440/2000) is a sample proportion.
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