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Sampling distribution of the proportion

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Reference no: EM131658420

Researchers at Cleary University want to know the proportion of students who own cars to assess whether or not they need to pave an additional parking lot. A survey of 500 traditional students indicates that 95% own cars.

a) What is the standard deviation of the sampling distribution of the proportion? 

b) How large would the standard deviation be if Cleary had only surveyed 250 customers?

Reference no: EM131658420

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