If We Have a Sample Size of 100 and the Estimate

question 26

Multiple Choice

If we have a sample size of 100 and the estimate of the population proportion is .10, what is the mean of the sampling distribution of the sample proportion?

• A) .0009
• B) .10
• C) .03
• D) .90
• E) .09

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Definitions:

Holder In Due Course

A person who has acquired a negotiable instrument in good faith for value and without notice of any defects.

Forged

Refers to the illegal modification or creation of a document, artwork, or signature with the intent to deceive.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Holder

A legal term referring to an individual or entity that possesses a negotiable instrument, such as a check or promissory note, and has the right to collect and enforce the instrument.