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In a random sample of 500 people aged were smokers. In a random sample of 450 people aged 25-29, 14\% were smokers. A confidence interval for the difference between the proportion of 20-24 year olds and the proportion of 25-29 year olds who are smokers is
Which of the following statements give a correct interpretation of this confidence interval?
I. We can be confident that the interval to contains the true difference between the two population proportions.
II. There is a chance that the true difference between the two population proportions lies between and .
III. If the process were repeated many times, each time selecting random samples of 500 people aged 20-24 and 450 people aged 25-29 and each time constructing a confidence interval for of the time the true difference between the two population proportions will lie between and .
IV. If the process were repeated many times, each time selecting random samples of 500 people aged 20-24 and 450 people aged 25-29 and each time constructing a confidence interval for of the time the confidence interval limits will contain the true difference between the two population proportions.
Par Value
A nominal value assigned to a security by the issuer, which may or may not reflect its actual market value.
Issue Price
The price at which new shares are offered to the public or bonds are sold, which may be above or below the par value.
Cash Proceeds
Cash proceeds are the total amount of money received from transactions, which may include sales, financing, or the sale of assets.
Carrying Value
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