In a Clinical Test with 8900 Subjects, 4450 Showed Improvement

question 123

Multiple Choice

In a clinical test with 8900 subjects, 4450 showed improvement from the treatment. Find the margin of error for the 99% confidence interval used to estimate the population proportion.

• A) 0.00780
• B) 0.0137
• C) 0.0120
• D) 0.0104

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Definitions:

Capitalized

Costs that are recognized as part of an asset on the balance sheet rather than being expensed, often related to the acquisition or construction of a long-term asset.

Amortized

The process of gradually writing off the initial cost of an asset or loan over a period of time in a systematic and rational manner.

Deferred Contribution

Contributions or payments made to a fund or organization that are to be recognized as revenue over a future period.

Specific Project

A particular plan or undertaking designed to achieve a certain goal within a designated timeframe and often with a defined budget.