A random sample of 72 households was selected for a phone survey. The key questior: asked was, "Do you or any member of your household own a product from Company A?" Of the 72 respondents, 18 said yes...

Extracted text: A random sample of 72 households was selected for a phone survey. The key questior: asked was, "Do you or any member of your household own a product from Company A?" Of the 72 respondents, 18 said yes and 54 said no. a. Determine the sample proportion, p, of households that own a Company A product. b. If the population proportion is 0.75, determine the standard error of the propor:ion. a, p= 0.25 (Round to two decimal places as needed.) b. o, 0.1636 (Round to four decimal places as needed.)