In a Poll of 615 Voters in a Certain City

question 16

Multiple Choice

In a poll of 615 voters in a certain city, 51% said that they backed a bill that would limit growth and development in their city. The margin of error in the poll was reported as 4 percentage points (with a 95% degree of confidence) . Which statement is correct?

• A) The sample size is too small to achieve the stated margin of error
• B) The stated margin of error could be achieved with a much smaller sample size
• C) There is not enough information to determine whether the margin of error is consistent with the sample size
• D) The reported margin of error is consistent with the sample size

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Definitions:

Trade Balance

The financial discrepancy between exports and imports in a country's trade of goods and services.

Net Capital Outflow

Refers to the difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners. It's a measure of the international financial flow from a country.

Foreign Assets

Investments or interests in property, businesses, and financial products located in countries other than the investor's home country.

Net Capital Outflow

The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners over a certain period.