Suppose That 60 Percent of the Voters in a Particular

question 80

Multiple Choice

Suppose that 60 percent of the voters in a particular region support a candidate. Find the probability that a sample of 1,000 voters would yield a sample proportion in favor of the candidate within 4 percentage points of the actual proportion.

• A) .0155
• B) .9952
• C) .9484
• D) .9902

---

Definitions:

Straight-Line Depreciation

An approach to apportion the cost of a tangible asset throughout its operational life in equal yearly sums.

Net Present Value

A financial calculation used to determine the value of a series of future cash flows by discounting them back to their value in today's dollars.

Required Rate Of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put their money into a particular security or project.

Capital Budgeting Approaches

Strategies and methodologies used by businesses to evaluate and select major investment and expenditure opportunities.