A Newspaper Reported on the Topics That Teenagers Most Want

question 48

Multiple Choice

A newspaper reported on the topics that teenagers most want to discuss with their parents. The findings, the results of a poll, showed that 46% would like more discussion about the family's financial situation, 37% would like to talk about school, and 30% would like to talk about religion.
These and other percentages were based on a national sampling of 549 teenagers. Using 99% reliability, can we say that more than 30% of all teenagers want to discuss school with their parents?

• A) No, since the value .30 is not contained in the 99% confidence interval.
• B) Yes, since the value .30 falls inside the 99% confidence interval.
• C) No, since the value .30 is not contained in the 99% confidence interval
• D) Yes, since the values inside the 99% confidence interval are greater than .30.

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Definitions:

Positive Cost

Expenses that result in a benefit or return in the future, considered an investment rather than a loss.

Carry

The profit or loss from holding a position in a financial instrument over a period, considering factors like interest rates or dividends.

Cumulative Return

The aggregate amount that an investment has gained or lost over time, regardless of the period of time involved.

Initial Margin

The upfront payment required when purchasing securities on margin, serving as a deposit to cover credit risk for the broker.