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The following data represent the responses (Y for yes and N for no) from a sample of 20 college students to the question Do you
The following data represent the responses (Y for yes and N for no) from a sample of 20 college students to the question "Do you currently own shares in any stocks?" YYYYNNYYNNNNYNNNY NNNO a. Determine the sample proportion, p, of college students who own shares of stock. b. If the population proportion is 0.30, determine the standard error of the proportion. a. p= (Round to two decimal places as needed.) b. Up = (Round to four decimal places as needed.)One year consumers spent an average of $24 on a meal at a resturant. Assume that the amount spent on a resturant meal is normally distributed and that the standard deviation is $5. Complete parts (a) through (c) below. a. What is the probability that a randomly selected person spent more than $26? P(X> $26) = (Round to four decimal places as needed.) b. What is the probability that a randomly selected person spent between $12 and $23? P($12
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