Find the Margin of Error for the 95% Confidence Interval

question 84

Multiple Choice

Find the margin of error for the 95% confidence interval used to estimate the population proportion
-n = 230, x = 90

• A)0.0663
• B)0.0631
• C)0.0757
• D)0.0568

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Definitions:

Reverse Stock Split

A corporate action in which a company reduces the number of its outstanding shares to increase the market value per share, consolidating them at a specified ratio (e.g., 1 for 10).

Small Investors

Individual or retail investors who commit smaller amounts of money in the financial markets compared to institutional investors.

Earnings Per Share

A company's profit divided by the outstanding shares of its common stock, serving as an indicator of a company's profitability.

Stock Repurchase

A financial strategy where a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.