A random sample of 68 households was selected for a phone survey. The key question asked? was, "Do you or any member of your household own a product from Company? A?" Of the 68 ?respondents, 34 said yes and 34said no.
a. Determine the sample? proportion, p, of households that own a Company A product.
b. If the population proportion is 0.70, determine the standard error of the proportion.
a. p=________________
?(Round to two decimal places as? needed.)
b. σp=_________________
?(Round to four decimal places as? needed.)