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A random sample of 60 households was selected for a phone survey. The key question asked?was, Do you or any member of your household own
A random sample of 60 households was selected for a phone survey. The key question asked?was, "Do you or any member of your household own a product from Company?A?" Of the 60 ?respondents, 15 said yes and 45 said no.
a. Determine the sample?proportion, p, of households that own a Company A product.
b. If the population proportion is 0.65?, determine the standard error of the proportion.
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