Use the Given Degree of Confidence and Sample Data to Construct

question 50

Multiple Choice

Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p.
- $n = 96 , x = 43 ; 98 \%$ confidence

• A) \(0.329 < p < 0.567\)
• B) \(0.349 < p < 0.547\)
• C) \(0.348 < p < 0.548\)
• D) \(0.330 < \mathrm { p } < 0.566\)

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Definitions:

Full Capacity

The maximum level of output that a company can produce with its current resources and technology, without incurring additional costs.

Total Assets

The sum of all resources owned by a company, valued in monetary terms, including current and long-term assets.

Dependent Means

Statistical measures that represent the average outcomes within an experiment that are expected to change in response to the independent variable.

Independent Samples

Two or more groups of data that are collected from separate, non-related populations or entities.