If a Simple Random Sample of 300 Observations Is Taken $\hat { p }$

question 142

True/False

If a simple random sample of 300 observations is taken from a population whose proportion p = 0.6,then the expected value of the sample proportion $\hat { p }$ is 0.60.

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life.

Straight-Line Depreciation

A method of allocating an asset's cost evenly across its useful life.

Salvage Value

The estimated resale value of an asset at the end of its useful life, often considered during depreciation calculations.

Double-Declining Balance

A method of accelerated depreciation where an asset’s book value is decreased at double the rate of its straight-line depreciation.