A statistics teacher has a large container of beads that she says contains 60% blue beads. A student randomly selects 50 beads. Let p = the true proportion of blue beads in the container. Under the assumption that the true proportion is 0.60, the student generated 200 values of. What does the dot above 0.74 represent?
A) There is a 1 in 200 chance that the true proportion of blue beads is one simulated sample of 50 beads.
B) The proportion of blue beads is 0.74.
C) There is a 1 in 200 chance that the sample proportion of blue beads is one simulated sample of 50 beads.
D) The true proportion of blue beads is 0.74.