During the period from june 27-29 2003, the gallup organization asked stock market investors questions about the amount and type of their investments. The questions asked the investors were:?
1. Is the total amount of your investments right now $10,000 or more, or is it less than $10,000?
2. If you had $1000 to invest, would you be more likely to invest it in stocks or bonds?
In response to the first question, 65% of the 692 investors reported that they currently have at least 10,000 dollars invested in the stock market. In response to the second question 48% of the 692 investors reported that they would be more likely to invest in stocks period. Compute the standard error in the sample proportion. Compute and describe the 95% confidence intervals in the context of the question. What would the size of the sample need to be for the margin of error to be 3%? Find a recent survey about investment practices or opinions and write up a short report on our findings.?
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