SOLUTION: A survey conducted by USA Today showed that 118 of 250 investors owned some real estate. Calculate a standard error

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Question 613058: A survey conducted by USA Today showed that 118 of 250 investors owned some real estate.
Calculate a standard error

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A survey conducted by USA Today showed that 118 of 250 investors owned some real estate.
Calculate a standard error
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p = 118/250 = 0.472 ; q = 0.528
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s = sqrt{p*q/n}
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s = sqrt(0.472*0.528/250] = 0.0009969
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Cheers,
Stan H.
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