Final answer:
To calculate the standard error of the proportion, use the formula σ_p = sqrt(p(1-p)/n), where σ_p is the standard deviation of the proportion, p is the proportion (in decimal form), and n is the sample size.
Step-by-step explanation:
To calculate the standard error of the proportion, first we need to find the standard deviation of the proportion. The formula for the standard deviation of the proportion is:
σp = sqrt(p(1-p)/n)
where σp is the standard deviation of the proportion, p is the proportion (in decimal form), and n is the sample size.
Given that the proportion is 0.75 and the sample size is 150, we can substitute these values into the formula:
σp = sqrt(0.75(1-0.75)/150) ≈ 0.0326
So, the standard error of the proportion is approximately 0.0326.