Question

176 employees of your firm were asked about their job satisfaction. Out of the 176, 136 said they were unsatisfied. What is the estimate of the population proportion? What is the standard error of this estimate?

Question 2 options:

	1) Estimate of proportion: 0.227, Standard error: 0.0024.
	2) Estimate of proportion: 0.773, Standard error: 0.0024.
	3) Estimate of proportion: 0.773, Standard error: 0.0316.
	4) The true population proportion is needed to calculate this.
	5) Estimate of proportion: 0.227, Standard error: 0.0316.

Answer 1

Here it is given that out of the n=176, x=136 said they were unsatisfied.

So

Now standard error is

Hence answer here is

3)

Estimate of proportion: 0.773, Standard error: 0.0316.