When the Level of Confidence and Sample Proportion Remain

question 73

Multiple Choice

When the level of confidence and sample proportion remain the same,a confidence interval for a population proportion p based on a sample of n = 100 will be ______________ a confidence interval for p based on a sample of n = 400.

• A)Wider than
• B)Narrower than
• C)Equal to

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Definitions:

Equality

The state or condition of being equal, especially in status, rights, or opportunities.

Capacity Constraint

Limitations on the production capacity of a manufacturing plant, company, or economy, which can affect supply and pricing.

Binary Variable

A variable that has only two possible values, typically 0 and 1, to represent outcomes such as success/failure, yes/no, etc.

Objective Function

A mathematical function used in optimization to define the goal of the decision-making process, often involving maximizing or minimizing some quantity.