Solve the Problem. -When 306 College Students Are Randomly Selected and Surveyed, It

question 133

Multiple Choice

Solve the problem.
-When 306 college students are randomly selected and surveyed, it is found that 115 own a car. Find a 99% confidence interval for the true proportion of all college students who own a car.

• A)0.305 < p < 0.447
• B)0.311 < p < 0.440
• C)0.330 < p < 0.421
• D)0.322 < p < 0.430

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Definitions:

Common Share Price

The market price at which a company's common stock is traded on the stock exchange.

Direct Costs

Expenses that can be directly traced to the production of a specific good or service, such as materials and labor.

Security Sales

Transactions involving the sale of financial instruments such as stocks, bonds, or commodities.

Capital Raised

The total amount of money that a company or project has obtained from investors or the market.