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A Random Sample of 150 Mortgages in the State of Mississippi

Question 95

Multiple Choice

A random sample of 150 mortgages in the state of Mississippi was randomly selected. From this sample, 17 were found to be delinquent on their current payment. The approximate standard error of the proportion for this sample is -------.


A) 0.0406
B) 0.0145
C) 0.0567
D) 0.0258

Correct Answer:

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