It Is Desired to Estimate the Proportion of College Students

question 28

Multiple Choice

It is desired to estimate the proportion of college students who feel a sudden relief now that their statistics class is over. How many students must be sampled in order to estimate the true
Proportion to within 2% at the 90% confidence level?

• A)n = 189
• B)Cannot determine because no estimate of p or q exists in this problem
• C)n = 2401
• D)n = 1692
• E)n = 133

---

Definitions:

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, typically without voting rights but with a fixed dividend payment.

Issued

Pertains to the act of making securities available for sale to the public or allotting them as part of compensation to employees or other stakeholders.

Beta

A measure of a stock's volatility in relation to the overall market.

Cost of Equity

The hypothetical payment made by a business to its equity holders as a reward for the risk involved in investing their money.