Assume That a Sample Is Used to Estimate a Population

question 18

Multiple Choice

Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the given statistics and confidence level. Round the margin of error to four decimal places.
-98% confidence; the sample size is 810, of which 20% are successes

• A) 0.0275
• B) 0.0288
• C) 0.0327
• D) 0.0362

---

Definitions:

Kenneth Lay

Former CEO of Enron Corporation, involved in the company's infamous accounting fraud scandal that led to its collapse.

Corporate Corruption

Unethical or illegal activities conducted by individuals within or on behalf of a corporation, often to achieve personal or organizational gain.

Securities Violations

Illegal activities or misconduct related to the trading, selling, or managing of financial instruments like stocks and bonds.

White-Collar Deviance

Ethically questionable practices committed by people in professional roles or business environments.