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The following data represent the responses (Y for yes and N for no) from a sample of 40 college students

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The following data represent the responses (Y for yes and N for no) from a sample of 40 college students to the question “ Do you currently own shares in any stocks?”

a. Determine the sample proportion, p, of college students who own shares of stock.

b. If the population proportion is 0.30, determine the standard error of the proportion.
Transcribed Image Text:

NYNN N N Y N NY Y NN NY N N Y N N

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a p 14 …View the full answer


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Business Statistics A First Course

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Question Posted: July 16, 2015 19:27:13
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