A Study Was Conducted to Determine What Proportion of All

question 82

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

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Definitions:

Income Taxes

Taxes levied by governments on individuals' or businesses' net income, where the amount owed varies based on the level of the income earned.

Operating Cash Inflow

Cash generated from a company's primary business operations, excluding non-operational sources like investments or financing.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of maximizing a firm's value through strategic asset allocation.

Straight-Line Depreciation

A depreciation method where an asset's purchase cost is uniformly divided across its usable life, providing an equal expense charge each year.