Which Category Includes the Largest Number of Firms

question 183

Multiple Choice

Which category includes the largest number of firms?

• A)sole proprietorship
• B)partnership
• C)corporation
• D)S-corporation
• E)limited partnerships

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Definitions:

Population Proportion

The fraction of members in a statistical population that meet a specified characteristic or criteria, often estimated using sample data.

Defective Items

Products that fail to meet quality standards or specifications and are therefore unsuitable for sale or use.

Estimating P

This refers to the process of determining the probability of success in a given Bernoulli trial or binomial experiment.

Data

Information collected together for reference or analysis, usually in numerical or categorical form.