In a random sample of 64 people, 48 are classified as successful. a. Determine the sample proportion,

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In a random sample of 64 people, 48 are classified as “successful.”
a. Determine the sample proportion, p, of “successful” people.
b. If the population proportion is 0.70, determine the standard error of the proportion.

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Business Statistics A First Course

ISBN: 9780321979018

7th Edition

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

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Question Posted: Jul 16, 2015 07:28 PM

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In a random sample of 64 people, 48 are classified as successful. a. Determine the sample proportion,

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Business Statistics A First Course

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