A University Dean Is Interested in Determining the Proportion of Students

question 7

Multiple Choice

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.If the dean wanted to estimate the proportion of all students receiving financial aid to within 3% with 99% reliability,how many students would need to be sampled?

• A)n = 1,844
• B)n = 1,784
• C)n = 1,503
• D)n = 1,435

Identify exceptions to the consideration requirement.

Analyze the effect of modifications on contracts under various laws.

Understand the implications of contractual promises on legal obligations.

Evaluate the enforceability of contracts based on the sufficiency of consideration.

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Definitions:

Informational Social Influence

The process of aligning one's thoughts or behaviors with those of a group because of a desire to be correct or to understand the correct way to act in a given situation.

Normative Social Influence

The influence of other people that leads an individual to conform in order to be liked or accepted by them.

Private Acceptance

A genuine inner belief that others are right.

Public Compliance

Outwardly going along with the group but maintaining a private, inner belief that the group is probably wrong.