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Generation Y has been defined as those individuals who were born between 1981 and 1991. A
2010 survey by a credit counseling foundation found that 53% of the young adults in Generation Y
pay their monthly bills on time) Suppose we take a random sample of 180 people from Generation
Y. Complete parts a through e below. a. Calculate the standard error of the proportion. p= (Round
to four decimal places as needed.)

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  • 1. Generation Y has been defined as those individuals who were born between 1981 and 1991. A 2010 survey by a credit counseling foundation found that 53% of the young adults in Generation Y pay their monthly bills on time) Suppose we take a random sample of 180 people from Generation Y. Complete parts a through e below. a. Calculate the standard error of the proportion. p= (Round to four decimal places as needed.)