The Results of a Recent Poll on the Preference of Shoppers

question 61

Multiple Choice

The results of a recent poll on the preference of shoppers regarding two products are shown below. $$\begin{array} { l l l } \text { Product } & \text { Shoppers Surveyed } & \text { Shoppers Favoring } \\& & \text { This Product } \\\text { A } & 800 & 560 \\\text { B } &900 & 612\end{array}$$ At 95% confidence, the margin of error is

• A) .064.
• B) .044.
• C) .0225.
• D) .025.

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Definitions:

Exercise Price

The fixed price at which the holder of an option can buy (in the case of a call) or sell (in the case of a put) the underlying asset.

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date.

Receive

To obtain or be provided with something.

Pay

The compensation received by an employee or worker in exchange for their labor or services.