A Random Sample of 120 College Seniors Found That 30

question 119

Multiple Choice

A random sample of 120 college seniors found that 30% of them had been offered jobs. What is the
Standard error of the sample proportion?

• A) 0.458
• B) 0.042
• C) 0.082
• D) 0.046
• E) 0.028

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Definitions:

Marginal Costs

The financial outlay required to produce an additional unit of a product or service.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually, affecting loans and savings.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.