In the Case of Proportion,the Sample Size Is Large If

question 57

Multiple Choice

In the case of proportion,the sample size is large if:

• A)n is greater than or equal to 30
• B)np and nq are both less than 5
• C)n is less than 30
• D)np and nq are both greater than 5

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Definitions:

Quarter

A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.

Stated Rate

The annual interest rate stated on a bond or loan, without accounting for compounding or other effects.

Rate Of Return

Refers to the gain or loss on an investment over a specified time period, expressed as a percentage of the investment's cost.

Insurance Agent

A professional authorized to sell and service insurance policies, representing either one or multiple insurance companies.