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TABLE 8-9
The superintendent of a unified school district of a small town wants to make sure that no more than 5% of the students skip more than 10 days of school in a year. A random sample of 145 students from a population of 800 showed that 12 students skipped more than 10 days of school last year.
-Referring to Table 8-9, what is the upper bound of the 95% one-sided confidence interval for the proportion of students who skipped more than 10 days of school last year?
Security
A financial instrument representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Direct Private Long-term Debt Financing
A funding method where businesses borrow money directly from private investors, bypassing traditional bank loans, usually for a period longer than one year.
Public Issues
The offering of securities by a company to the public in order to raise capital.
Restrictive Covenants
Clauses in a contract that place limitations on the actions of parties involved, often used in real estate and employment agreements.
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