A random sample of 68 households was selected for a phone survey. The key question askedwas, "Do you or any member of your household own a product from CompanyA?" Of the 68 respondents, 34 said yes and 34said no.

a. Determine the sampleproportion, p, of households that own a Company A product.

b. If the population proportion is 0.70, determine the standard error of the proportion.

a. p=________________

(Round to two decimal places asneeded.)

b. p=_________________

(Round to four decimal places asneeded.)