SCENARIO 8-9 A University Wanted to Find Out the Percentage of Students

question 92

True/False

SCENARIO 8-9
A university wanted to find out the percentage of students who felt comfortable reporting
cheating by their fellow students.A surveyed of 2,800 students was conducted and the
students were asked if they felt comfortable reporting cheating by their fellow students.The
results were 1,344 answered "Yes" and 1,456 answered "no".
-True or False: Referring to Scenario 8-9, it is possible that the 99% confidence interval
calculated from the data will not contain the proportion of the student population who feel
comfortable reporting cheating by their fellow students.

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Definitions:

Liability Account

An accounting record that captures the amounts a company owes to others.

Gross Sales

represent the total sales revenue before any deductions are made for returns, allowances, or discounts.

Cash Sales

Transactions in which goods or services are exchanged immediately for cash payment.

Credit Sales

Sales made on credit, allowing buyers to pay at a later date, usually generating accounts receivable for the seller.