Use the Given Degree of Confidence and Sample Data to Construct

question 49

Multiple Choice

Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. $n = 195 , x = 162 ; 95 \%$ confidence

• A) \(0.778 < p < 0.883\)
• B) \(0.788 < p < 0.873\)
• C) \(0.789 < p < 0.873\)
• D) \(0.777 < p < 0.884\)

---

Definitions:

Fee Simple Tenancy

The most complete form of ownership of real property, giving the holder full possessory rights and responsibilities now and in the future.

Security Deposits

Funds paid in advance as security for the performance of a contract, such as renting property, and may be refundable depending on the terms of the agreement.

Remedying Ordinary Wear

The act of repairing or maintaining items to address the normal deterioration occurring from regular use.

Interest-Bearing Account

A bank account that generates interest income over time based on the balance held in the account.