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TABLE 8-15
A sales and marketing management magazine conducted a survey on salespeople cheating on their expense reports and other unethical conduct. In the survey on 200 managers, managers have caught salespeople cheating on an expense report 58% of the time, working a second job on company time 50% of the time, listing a "strip bar" as a restaurant on an expense report 22% of the time, and giving a kickback to a customer 19% of the time.
-Referring to Table 8-15, the sampling error of a 95% confidence interval estimate of the population proportion of managers who have caught salespeople cheating on an expense report is ______.
Coupon Bond
A debt security that pays the holder a fixed interest rate, or coupon, periodically until the maturity date, when the principal is repaid.
Tax Bracket
A tax bracket is a range of incomes taxed at a specific rate under a progressive tax system, where tax rates increase as income increases.
Holding-Period Return
The total return received from holding an asset or portfolio over a period, including interest, dividends, and capital gains.
Par Value Bond
A financial instrument issued with a stated face value, the amount that will be paid back to the investor at maturity, not necessarily reflecting the bond's market value.
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