A Random Sample of 4000 U

question 98

Multiple Choice

A random sample of 4000 U.S. citizens yielded 2150 who are in favor of gun control legislation. Find the point estimate for estimating the proportion of all Americans who are in favor of gun
Control legislation.

• A)4000
• B).5375
• C)2150
• D).4625

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Definitions:

Angel Investors

Wealthy individuals who provide capital for start-ups or entrepreneurs, often in exchange for ownership equity.

Investment Range

The spectrum or variety of investment amounts or categories that an individual or entity is willing to commit to a project or asset.

Venture Capitalists

Investors who provide capital to startups and small businesses with long-term growth potential.

Equity

Represents fairness or justice in the way people are treated and involves ensuring that everyone has access to equal opportunities.