We conduct a simulation to mimic randomly sampling from a population with of college graduates. In the population 62% had student loans. Each sample has 50 graduates in it. According to theory, what will be the standard deviation of the distribution of sample proportions?
Enter a number in decimal form. For example, enter 0.50, not 50 or 50%.
Round your answer to three decimal places, e.g. 0.125, not 0.1254