In a College Student Poll, It Is of Interest to Estimate

question 49

Multiple Choice

In a college student poll, it is of interest to estimate the proportion p of students in favor of changing from aquarter-system to a semester-system. How many students should be polled so that we can estimate p towithin 0.09 using a 99% confidence interval?

• A) 205
• B) 182
• C) 261
• D) 114

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Definitions:

Defined Benefits

A type of pension plan in which an employer promises a specified pension payment upon retirement, calculated based on factors such as salary history and duration of employment.

In-house System

An in-house system is a software or technological solution developed by an organization's own IT department for use within the same organization, rather than purchasing or outsourcing from external vendors.

Benefits Specialist

A human resources professional who focuses on managing and administering employee benefits programs, such as health insurance, retirement plans, and leave policies.

Professional Benefits Vendor

A company that specializes in providing services related to employee benefits, such as retirement plans or health insurance.