DVD Rental Store a DVD Rental Store Wants to Know What Proportion

question 30

Essay

DVD Rental Store
A DVD rental store wants to know what proportion of its customers are under age 21.A simple random sample of 500 customers was taken,and 375 of them were under age 21.Presume that the true population proportion of customers under age 21 is 0.68. ​ ​
-{DVD Rental Store Narrative} Describe the shape of the sampling distribution of proportion of customers who are under age 21.

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Definitions:

Dividends in Arrears

These are dividends on cumulative preferred stock that have not been paid in the period they were due, accumulating until they are paid out.

Preferred Shares

Preferred shares are a type of stock that provides a fixed dividend, taking precedence over common stock in the distribution of dividends and assets upon the company's liquidation.

Redemption Value

The value at which a bond or other debt security can be redeemed before its maturity by the issuer.

Stockholders' Equity

The owners' residual interest in a corporation, calculated as the difference between the company's total assets and total liabilities.