Find the Margin of Error for the 95% Confidence Interval

question 28

Multiple Choice

Find the margin of error for the 95% confidence interval used to estimate the population proportion
-In a survey of 4100 T.V. viewers, 20% said they watch network news programs.

• A)0.0122
• B)0.00915
• C)0.0140
• D)0.0160

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Definitions:

Adjusting Entries

Documentation made at the culmination of an accounting period, aiming to allocate revenues and expenses to the correct timeframe of their occurrence.

Fiscal Year

A one-year period used for financial reporting and budgeting, which may not align with the calendar year.

Net Income

Represents the total profit of a company after all expenses and taxes have been subtracted from total revenue.

Insurance Policy

A contract between an insurer and a policyholder stipulating the terms under which the insurer agrees to compensate the insured for specific losses.