Standard error of sampling distribution of sample proportion


Suppose an actual census showed that 20% of the households in Michigan have incomes in excess of $60,000. Assume that a random sample of 500 households in Michigan is taken. Then, the standard error of the sampling distribution of sample proportion of households who have incomes in excess of $60,000 will be:

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Basic Statistics: Standard error of sampling distribution of sample proportion
Reference No:- TGS0722919

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