In a Local University, 40% of the Students Live in the Dormitories.A

question 48

Multiple Choice

In a local university, 40% of the students live in the dormitories.A random sample of 80 students is selected for a particular study.The probability that the sample proportion (the proportion living in the dormitories) is at least 0.30 is

• A) 0.4664
• B) 0.9328
• C) 0.9664
• D) 0.0336

---

Definitions:

SWOT Analysis

A strategic planning tool used to identify and understand an organization’s Strengths, Weaknesses, Opportunities, and Threats.

Substitute Products

Products that serve as alternatives to each other; when the price of one increases, the demand for the alternative typically increases.

Regulations

Rules or directives made and maintained by an authority to control or govern behavior and practices within specific areas.

Diversification

A strategy of investing in a variety of assets to reduce overall risk.