TABLE 8-10 the President of a University Would Like to Estimate the Estimate

question 148

True/False

TABLE 8-10
The president of a university would like to estimate the proportion of the student population that owns a personal computer. In a sample of 500 students, 417 own a personal computer.
-Referring to Table 8-10, a 99% confidence interval will contain 99% of the student population who own a personal computer.

---

Definitions:

Professional Employer Organization

A firm that provides a service under which an employer can outsource employee management tasks, such as benefits administration, payroll, and workers' compensation.

Knowledge Worker

An individual whose primary job involves processing and working with information or knowledge, rather than manual labor.

Fertilizer

A chemical or natural substance added to soil or land to increase its fertility and enhance plant growth.

Wholesale

The sale of goods in large quantities, often to be retailed by others.