A Sample of 250 Observations Is Selected at Random from an Infinite

question 105

Multiple Choice

A sample of 250 observations is selected at random from an infinite population.Given that the population proportion is .25,the standard error of the sampling distribution of the sample proportion is:

• A)0.0274
• B)0.5000
• C)0.0316
• D)0.0548

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Definitions:

Services

Intangible products such as maintenance, repair, advice, or entertainment that are consumed at the point of delivery.

Shortest Processing Time

A rule used in scheduling to prioritize tasks based on the least amount of time required to complete each task, aiming to reduce job completion time and minimize work-in-process inventory.

Average Flow Time

The average time that it takes for a unit to pass through a particular process or system from start to finish.

Johnson's Rule

A scheduling technique that minimizes the total elapsed time required to complete a group of jobs on two machines or in two process stages.