TABLE 8-11 A University Wanted to Find Out the Percentage of Students

question 71

Short Answer

TABLE 8-11
A university wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students. A survey of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students. The results were 1,344 answered "Yes" and 1,456 answered "No."
-Referring to Table 8-11, a 99% confidence interval for the proportion of the student population who feel comfortable reporting cheating by their fellow students is from ________ to ________.

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Definitions:

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Direct Labor Cost

The total cost of wages paid to employees who are directly involved in the manufacturing or production of goods or services.

Estimated

An approximation or a preliminary calculation of figures based on available data or trends.

Raw Materials Production Needs

The quantity of raw materials required to meet the production schedule, considering inventory levels and future production rates.