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A university dean is interested in determining the proportion of students who receive some sort of financial aid.Rather than examine the records for all students,the dean randomly selects 200 students and finds that 118 of them are receiving financial aid.The 95% confidence interval for is 0.59 0.07.Interpret this interval.
Decrease
Refers to the reduction in size, quantity, or importance of something, often quantifiable in financial terms such as profits, values, or sizes.
Inventory
Consists of the goods and materials a business holds for the purpose of resale or production.
Indirect Method
A method for preparing the cash flow statement that adjusts net income for changes in balance sheet accounts to calculate operating cash flows.
Operating Activities
The principal revenue-producing activities of an entity and other activities that are not investing or financing activities.
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