A research company polled a random sample of 500 teens about Internet use. 37% of those teens reported going online several times a day-a fact of great interest to advertisers. Complete parts a through c
below.
a) Explain the meaning of p = 0.37 in the context of this situation.
A. The meaning of p = 0.37 is that the researchers have 95% confidence that 37% of the 500 teens in the sample said they go online several times a day.
B. The meaning of p = 0.37 is that 37% of the 500 teens in the sample said they go online several times a day. This is the researchers' best estimate of p, the proportion of the 500 teens in the sample who
said they do so.
C. The meaning of p = 0.37 is that 37% of the 500 teens in the sample said they go online several times a day. This is the researchers' best estimate of p, the proportion of all U.S. teens who would say they
do so.
OD. The meaning of p=0.37 is that the researchers have 95% confidence that 37% of all U.S. teens would say that they go online several times a day.
b) Calculate the standard error of p.
SE (P)=
(Round to three decimal places as needed.)