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The following data represent the responses(Y for yes and N forno) from a sample of 20 college students to the questionDo you currently own shares

The following data represent the responses(Yfor yes and Nforno) from a sample of 20 college students to the question"Do you currently own shares in anystocks?"

NNYYNNYYYYYNNNYNNNYN

a. Determine the sampleproportion, p, of college students who own shares of stock.

b. If the population proportion is 0.35, determine the standard error of the proportion.

a.p= 0.45

b.p= ?

(Round to four decimal places asneeded.)

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