The Proportion of Americans Who Support the Death Penalty Is

question 46

Essay

The proportion of Americans who support the death penalty is .53. A sample of 1000 randomly selected Americans is surveyed by telephone interview. Use Excel to answer the following questions:
a.
What is the probability that the sample proportion of those supporting the death penalty will be less than .50?
b.
What is the probability that the sample proportion of those supporting the death penalty will be at least .55?
c.
What is the probability that the sample proportion of those supporting the death penalty will be between .50 and .55?
d.
For samples of size 1000, 15% of all sample proportions are at most what value?
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Definitions:

Cost of Equity

The cost of equity represents the return a firm is expected to pay to its shareholders to compensate them for their investment risk.

DCF Model

DCF Model, or Discounted Cash Flow Model, is a valuation method used to estimate the value of an investment based on its expected future cash flows.

Risk Premium

The extra return expected by investors for taking on additional risk above the risk-free rate.

Cost of Capital

The minimum return needed for a capital investment project, like constructing a new manufacturing facility, to be considered viable.