If We Have a Sample Size of 100 and the Estimate

question 86

Multiple Choice

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

• A) .0009
• B) .03
• C) 3
• D) .01
• E) .10

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Definitions:

Fiat Money

Money that is recognized as legal tender by a government, though it lacks backing by any tangible asset.

Fundamental

A basic, underlying factor or principle that is essential to the structure or function of a system or market.

Comparable Stocks

Stocks from companies within the same industry or sector, allowing investors to compare performance.

Purchasing Power

The value of a currency expressed by the quantity of goods or services that one unit of money can buy.