Question
According to a newspaper, 64% of high school seniors have a driver's license. Suppose we take a random sample of 100 high school seniors and
According to a newspaper, 64% of high school seniors have a driver's license. Suppose we take a random sample of 100 high school seniors and find the proportion who have a driver's license.
a. What value should we expect for our sample proportion?
b. What is the standard error?
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
