A Study Was Conducted to Determine What Proportion of All

question 38

Multiple Choice

A study was conducted to determine what proportion of all college students considered themselves as full-time students. A random sample of 300 college students was selected and 210 of the students responded that they considered themselves full-time students. A computer program was used to generate the following 95% confidence interval for the population proportion: (0.64814,
0.75186) . Which of the following practical interpretations is correct for this confidence interval?

• A) We are 95% confident that the percentage of the 300 students who responded that they considered themselves full-time students was 0.700.
• B) We are 95% confident that the percentage of all college students who consider themselves full-time students falls between 0.648 and 0.752.
• C) We are 95% confident that the percentage of all college students who consider themselves full-time students was 0.700.
• D) We are 95% confident that the percentage of the 300 students who responded that they considered themselves full-time students falls between 0.648 and 0.752.

Understand how group cohesiveness can contribute to or mitigate risks of groupthink.

Gain insight into theories explaining group polarization.

Acquire knowledge on the symptoms of groupthink and how it leads to defective decision-making.

Understand the foundational theories and phenomena related to social psychology and group dynamics, including Triplett’s study on competition and Allport's concept of social facilitation.

---

Definitions:

Overhead Applied

The assigning of overhead costs to goods produced based on a predetermined rate or basis such as machine hours or labor hours.

Activity-Based Costing

An accounting technique that tags and apportions the costs of organizational activities to every product and service in line with their real consumption.

Activity Rate

The predetermined rate used to allocate overhead costs to products or services based on a specific activity measure, such as machine-hours or labor-hours.

Labor-Related Activity

Activities or tasks that directly involve or are associated with the workforce's efforts in the production process or service delivery.