Use the Given Data to Find the Minimum Sample Size $0.09$

question 92

Multiple Choice

Use the given data to find the minimum sample size required to estimate the population proportion.
-Margin of error: $0.09$ ; confidence level: $95 \%$ ; from a prior study, $\hat { \mathrm { p } }$ is estimated by the decima equivalent of $87 \%$ .

• A) 5
• B) 48
• C) 54
• D) 162

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Definitions:

Exercise Price

The cost at which an option's possessor has the right to acquire (if it's a call option) or divest (if it's a put option) the asset underlying the option.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a specified time frame.

Delta

A measure of how much the price of an option is expected to change based on a $1 change in the underlying asset.

Convertible Bonds

Bonds that can be converted into a predefined amount of the issuing company's equity at certain times during their life, usually at the discretion of the bondholder.