I a Sample Proportion Is Found by Dividing the Number

question 163

Multiple Choice

i. A sample proportion is found by dividing the number of successes in the sample by the number sampled.
Ii) The standard normal distribution is the appropriate distribution when testing a hypothesis about a population proportion.
Iii) When testing population proportions, the z statistic can be used when np and n(1 - p) are greater than five.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) is a correct statement but not (ii) or (iii).
• C) (i) and, (iii) are correct statements but not (ii).
• D) (ii) and, (iii) are correct statements but not (i).
• E) All statements are false

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Definitions:

Discount on Bonds Payable

The difference when bonds are issued for less than their face value.

Carrying Value

The book value of assets and liabilities reported in the financial statements, considering depreciation or amortization.

Bond Payable

A long-term liability account that records the amounts owed to bondholders by the issuer.

Straight-Line Method

A technique for determining depreciation or amortization that involves uniformly distributing the cost of an asset throughout its lifespan.