Exhibit 9-5 a Random Sample of 100 People Was Taken. Eighty-Five of Eighty-Five

question 53

Multiple Choice

Exhibit 9-5
A random sample of 100 people was taken. Eighty-five of the people in the sample favored Candidate A. We are interested in determining whether or not the proportion of the population in favor of Candidate A is significantly more than 80%.
-Refer to Exhibit 9-5. At 95% confidence, it can be concluded that the proportion of the population in favor of candidate A

• A)is significantly greater than 80%
• B)is not significantly greater than 80%
• C)is significantly greater than 85%
• D)is not significantly greater than 85%

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Definitions:

Realizable Future Value

The expected market value of an asset in the future, considering factors like inflation, interest rates, and market demand.

Marketable Debt

Debt securities that are readily available for purchase and sale in the public market.

Equity Securities

Financial instruments representing ownership interest in a company, such as stocks, which provide voting rights and potential dividends.

Short-Term Investment

Financial assets that are expected to be converted into cash or sold within a year.