Generation Y has been defined as those individuals who were born between 1981 and 1991. A 2010 survey by a credit counseling foundation found that % of the young adults in Generation Y pay their monthly bills on time) Suppose we take a random sample of people from Generation Y. Complete parts a through e below.

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Part 1

a. Calculate the standard error of the proportion.

enter your response here (Round to four decimal places as needed.)

Part 2

b. What is the probability that or fewer will pay their monthly bills on time?

P( or fewer Generation Y individuals will pay their monthly bills on time)

enter your response here

(Round to four decimal places as needed.)

Part 3

c. What is the probability that or fewer will pay their monthly bills on time?

P( or fewer Generation Y individuals will pay their monthly bills on time)

enter your response here

(Round to four decimal places as needed.)

Part 4

d. What is the probability that or more will pay their monthly bills on time?

P( or more Generation Y individuals will pay their monthly bills on time)

enter your response here

(Round to four decimal places as needed.)

Part 5

e. What is the probability that between and of them will pay their monthly bills on time?

P(Between and of them will pay their monthly bills on time)

enter your response here

(Round to four decimal places as needed.)

Generation Y has been defined as those individuals who were born between 1981 and 1991 A2010 survey by a credit counseling foundation found that 55% of the young adults in Generation Y pay their monthly bills on time) Suppose we take a random sample of 220 people from Generation Y Complete parts a through e below. CODE a. Calculate the standard error of the proportion op (Round to four decimal places as needed) b. What is the probability that 135 or fewer will pay their monthly bills on time? P(135 or fewer Generation Y individuals will pay their monthly bills on time) = (Round to four decimal places as needed) c. What is the probability that 110 or fewer will pay their monthly bills on time? P(110 or fewer Generation Y individuals will pay their monthly bills on time) = (Round to four decimal places as needed) d. What is the probability that 125 or more will pay their monthly bilis on time? P(125 or more Generation Y individuals will pay their monthly bills on time) = (Round to four decimal places as needed) e. What is the probability that between 118 and 128 of them will pay their monthly bills on time? P(Between 118 and 128 of them will pay their monthly bills on time) (Round to four decimal places as needed)