The following data represent the responses (Y for yes and N for no) from a sample of 20 college students to the question "Do you currently own shares in any stocks?" NY NY Y Y YN Y YNY NYY YNY YY O a....

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Extracted text: The following data represent the responses (Y for yes and N for no) from a sample of 20 college students to the question "Do you currently own shares in any stocks?" NY NY Y Y YN Y YNY NYY YNY YY O a. Determine the sample proportion, p, of college students who own shares of stock. b. If the population proportion is 0.40, determine the standard error of the proportion. a. p= (Round to two decimal places as needed.) b. (Round to four decimal places as needed.)