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A University Dean Is Interested in Determining the Proportion of Students

question 7

Multiple Choice

A university dean is interested in determining the proportion of students who receive some sort of financial aid.Rather than examine the records for all students,the dean randomly selects 200 students and finds that 118 of them are receiving financial aid.If the dean wanted to estimate the proportion of all students receiving financial aid to within 3% with 99% reliability,how many students would need to be sampled?


Definitions:

Distinct Area

An identifiable and unique location or part within a larger space or context that sets it apart from others.

Expertise

refers to a high level of knowledge or skill in a particular domain, acquired through education, training, and extensive experience.

Reduced Likelihood

A decrease in the probability or chance of an event or condition occurring.

Masked

Hidden or covered, as in emotions, intentions, or physical appearances.

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