A Large Trucking Company Wants to Estimate the Proportion of Its

question 89

Multiple Choice

A large trucking company wants to estimate the proportion of its tractor truck population with refrigerated carrier capacity.A random sample of 200 tractor trucks is taken and 30% of the sample have refrigerated carrier capacity.The 95% confidence interval to estimate the population proportion is _______.

• A)0.53 to 0.67
• B)0.25 to 0.35
• C)0.24 to 0.36
• D)0.27 to 0.33
• E)0.28 to 0.34

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Definitions:

Consolidated Statements

Financial statements that aggregate the financial information of a parent company and its subsidiaries into one document.

Equity Method

An accounting technique used to record the investments in other companies where the investor has significant influence but does not have full control.

Common Stock

Common stock represents a type of ownership in a corporation, giving holders voting rights and a share in the company's profitability through dividends and capital appreciation.

Brokerage Fee

A fee charged by a broker to execute transactions or provide specialized services.