If 20 Out of 50 Students Sampled Live in a College

question 116

Multiple Choice

If 20 out of 50 students sampled live in a college dormitory, what is the estimated proportion of students at the University living in a dormitory?

• A) 0.20
• B) 0.40
• C) 0.50
• D) 0.60
• E) None of these statements are true

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Definitions:

Incorporation

The process of legally declaring a corporate entity as separate from its owners, providing limited liability and other benefits.

Individual Farmers

Independent agricultural producers who manage and operate their own farming businesses.

Large Corporations

Businesses that operate on a vast scale, often with a global presence, having significant market influence and a complex organizational structure.

Small Corporations

Typically refers to privately owned and operated companies with a small number of shareholders and limited financial resources.