Find the Degree of Confidence Used in Constructing the Confidence

question 27

Multiple Choice

Find the degree of confidence used in constructing the confidence interval 0.523<p<0.669 for the population proportion p using sample data with n=109, x=65 .

• A) 88%
• B) 90%
• C) 95%
• D) 99%

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Definitions:

Coupon Rate

The annual interest yield on a bond, displayed as a percentage of its principal value.

Tax Rate

The scale at which the government levies taxes on the financial gains of individuals or corporations.

Face Value

The nominal value printed on a bond or other financial instrument; it is the amount paid to the holder at maturity, though the market value can differ.

Weighted Average Cost of Capital (WACC)

The rate that a company is expected to pay on average to all its security holders to finance its assets, a key factor in capital budgeting decisions.