Step 1: Understand the Hardy-Weinberg equation.
The Hardy-Weinberg equilibrium states that:
\[
p^2 + 2pq + q^2 = 1
\]
where:
\(p\) is the frequency of allele P,
\(q\) is the frequency of allele Q,
\(p^2\) represents the frequency of the homozygous PP genotype,
\(2pq\) represents the frequency of the heterozygous PQ genotype,
\(q^2\) represents the frequency of the homozygous QQ genotype.
Step 2: Calculate allele frequencies.
Given that allele P has a frequency of 30%, we have:
\[
p = 0.30 \quad {and} \quad q = 1 - p = 0.70
\]
Step 3: Use Hardy-Weinberg equilibrium to find the PQ genotype.
The frequency of the PQ genotype is given by \(2pq\):
\[
2pq = 2 \times 0.30 \times 0.70 = 0.42
\]
Step 4: Calculate the expected number of sheep with the PQ genotype.
The total population is 534 sheep. Thus, the expected number of sheep with the PQ genotype is:
\[
534 \times 0.42 = 224.28 \approx 224 { sheep with PQ genotype}.
\]
Step 5: Calculate the percentage.
The expected percentage of sheep with the PQ genotype is:
\[
\frac{224}{534} \times 100 = 42.00%
\]
Thus, the expected percentage of sheep with the PQ genotype is \( \boxed{42.00} % \).