What Type of Car Is More Popular Among College Students $= .396$

question 110

Multiple Choice

What type of car is more popular among college students, American or foreign? One hundred fifty-nine college students were randomly sampled and each was asked which type of car he or she prefers. A computer package was used to generate the printout below of a 95% confidence interval for the proportion of college students who prefer American automobiles.

SAMPLE PROPORTION $= .396$
SAMPLE SIZE $= 159$

UPPER LIMIT $= .472$
LOWER LIMIT $= .320$

Which of the following is a correct practical interpretation of the interval?

• A) We are 95% confident that the proportion of all college students who prefer American cars falls between .320 and .472.
• B) We are 95% confident that the proportion of all college students who prefer foreign cars falls between .320 and .472.
• C) 95% of all college students prefer American cars between .320 and .472 of the time.
• D) We are 95% confident that the proportion of the 159 sampled students who prefer American cars falls between .320 and .472.

Recognize the implications of different filing statuses such as head of household, single, and married filing jointly.

Understand the progressive nature of the U.S. tax system and how it applies to taxpayers at different income levels.

Identify the role and contents of essential tax documents such as W-2, 1040, and 1099 forms.

Evaluate the financial impact of major life events and decisions, such as purchasing a home or medical expenses, on taxes.

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Definitions:

Inferior Lobe

The lower section or division of an organ, most commonly referred to in the context of the lungs or the brain.

Medial Lobe

Typically refers to a section of an organ or brain that is situated towards the middle of the body.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration.

Right Lung

The larger of the two lungs, located on the right side of the thorax, divided into three lobes and responsible for respiratory function.