A Researcher Wants to Estimate the Proportion of the Population

question 8

Multiple Choice

A researcher wants to estimate the proportion of the population which possesses a given characteristic.A random sample of size 1800 is taken resulting in 450 items which possess the characteristic.The point estimate for this population proportion is _______.

• A)0.55
• B)0.45
• C)0.35
• D)0.25
• E)0.15

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Definitions:

Takeover

The transfer of control over a company from one group to another. The term generally has a hostile implication.

Merger

The combining of two or more companies into one, with the goal of achieving synergies such as increased efficiency or market share.

Acquisition

The process of acquiring control of another company by purchase or exchange of stock.

Combining Firms

The process of two or more companies joining together to form a single business entity, often to achieve strategic objectives or enhance market share.