Answer the Question. -If 68% of the Persons in a 100-Person Sample Say

question 21

Multiple Choice

Answer the question.
-If 68% of the persons in a 100-person sample say that they approve of the actions of the city council with a
Margin of error of 5%, one can conclude that the number of persons in a population of 2500 that approve of
Council policies is

• A)1700.
• B)probably in the interval 1575 to 1825.
• C)probably in the interval 1600 to 1800.
• D)250.

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Definitions:

Exchange Rate

The price of one currency in terms of another, determining how much foreign currency can be obtained with a unit of domestic currency.

Net Exports

The value of a country's total exports minus its total imports, representing the net trade of goods and services with other countries.

Net Capital Outflows

The value of domestic assets purchased by foreigners minus the value of foreign assets purchased by residents of a country.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.