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suppose that I randomly sample 1.000 individual cases from the population of 400,000 unique crimnal charges...

suppose that I randomly sample 1.000 individual cases from the population of 400,000 unique crimnal charges in nyc in 2016 and find tht 75 percent of individuals were realased were released at their bail hearing on their own recognizance (without Bail) on their current charges.

a)showing your work calculate the standard error around the estimate and say what it means in plain english

b)a journalist tells me that he heard a rumor that the true release rate at arraignment in the nyc was actually 70 percent in 2016. is this rumor likely to be true ? briefly explain your answer

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