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A study,conducted by Jackson et al.and published in the journal Cancer Causes and Control in 2009,examined 33,938 women aged 40 to 84 years old who resided in California and who reported having had a mammogram within the last 2 years.The researchers were interested in characteristics of women who routinely obtain mammograms,as suggested by the American Cancer Society,to detect breast cancer.The table below provides a column that refers to the sample size and provides characteristics of the 33,938 women who were included in the study who reported having had a mammogram. What is the value of the parameter,p,that represents the proportion of women in California who have less than a high school education?
Standard Deviation
A measure of the dispersion or variability of a set of data points relative to their mean, used to gauge the amount of variation or spread in a distribution.
Risk Premium
The additional return over the risk-free rate demanded by investors for taking on a higher level of risk.
Beta
A measure of a security's volatility in relation to the overall market; a beta above 1 indicates higher than market average volatility.
Risk-Free Rate
The expected return on an investment that carries no risk, frequently indicated by government bond yields.
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