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

## Question:

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.

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**Related Book For**

## Business Statistics A First Course

**ISBN:** 9780321979018

7th Edition

**Authors:** David M. Levine, Kathryn A. Szabat, David F. Stephan

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