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Stocks and Populations

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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?"

NNYNNYNYNYNNYNYYNNNY
NYNNNNYNNYYNNNYNNYNN

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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Solution Summary

This solution discusses stocks and populations.

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