Final answer:
The approximate standard deviation of the sampling distribution of the proportion for samples of size 72 is 4.3%. Therefore correct option is C
Step-by-step explanation:
The approximate standard deviation of the sampling distribution of the proportion for samples of size 72 can be calculated using the formula:
Standard Deviation ≈ √((p(1-p))/n)
Where p is the proportion and n is the sample size.
In this case, p = 0.16 and n = 72.
Plugging in these values into the formula, we get:
Standard Deviation ≈ √((0.16(1-0.16))/72)
≈ 0.04724
≈ 4.3%