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According to the Census Bureau, 64

question 19

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According to the Census Bureau, 64.5% of Americans owned their own home in 2013.A local real estate office wants to see if this is the case for its area.The office selects a random sample of 200 people to estimate the percentage who own their own homes.The standard deviation of the Normal model used to approximate this distribution is ________________________ .


Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Correlational Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the direction and strength of a relationship between variables.

Error

A mistake made in thinking or action that leads to incorrect or unintended results.

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases, indicating an inverse association.

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