A Random Sample of 50 Employees of a Large Company

question 47

Essay

A random sample of 50 employees of a large company was asked the question, "Do you participate in the company's stock purchase plan?" The answers are shown below. yes no no yes no no yes yes no no $$\begin{array} { l l l l l l l l l l } \text { yes } & \text { no } & \text { no } & \text { yes } & \text { no } & \text { no } & \text { yes } & \text { yes } & \text { no } & \text { no } \\\text { no } & \text { yes } & \text { yes } & \text { yes } & \text { no } & \text { yes } & \text { no } & \text { no } & \text { yes } & \text { yes } \\\text { no } & \text { yes } & \text { yes } & \text { no } & \text { yes } & \text { yes } & \text { no } & \text { yes } & \text { yes } & \text { yes } \\\text { yes } & \text { no } & \text { no } & \text { yes } & \text { yes } & \text { yes } & \text { yes } & \text { yes } & \text { no } & \text { yes } \\\text { no } & \text { yes } & \text { yes } & \text { no } & \text { yes } & \text { yes } & \text { yes } & \text { yes } & \text { yes } & \text { yes }\end{array}$$ Use a 90% confidence interval to estimate the proportion of employees who participate in the company's stock purchase plan.

---

Definitions:

Funded

Funded refers to a financial state where a project, account, or obligation has sufficient reserved resources or capital to cover expenses or liabilities.

SEC

The Securities and Exchange Commission is a U.S. federal agency that oversees securities transactions, activities of financial professionals, and ensures that investment markets operate fairly and transparently.

Initial Registration

The process through which a business formally records its initial information with the relevant authorities, often related to its establishment or incorporation.

Securities

Financial instruments that hold some type of monetary value, such as stocks, bonds, or options, which can be traded on financial markets.