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Suppose that the makers of M&M's claim that 24% of their Milk Chocolate M&M's are blue. Assume that Fun-Size bags of Milk Chocolate M&M's hold

Suppose that the makers of M&M's claim that 24% of their Milk Chocolate M&M's are blue. Assume that Fun-Size bags of Milk Chocolate M&M's hold 20 candies.

  1. What is themeanof the distribution of sample proportions of blue candies for Fun-Size bags (i.e., samples of size 20). Use four decimal places when reporting the standard error?
  2. What is thestandard errorof the distribution of sample proportions of blue candies for Fun-Size bags (i.e., samples of size 20). Use four decimal places when reporting the standard error?

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