Provide an Appropriate Response $\mathrm { p }$ To Within $\mathrm { E }$

question 7

Multiple Choice

Provide an appropriate response.
-True or False? When choosing the sample size for estimating a population proportion $\mathrm { p }$ to within $\mathrm { E }$ units with confidence $( 1 - \alpha ) 100 \%$ , if you take $\mathrm { p } \approx 0.5$ as the approximation to p, you will always obtain a sample size that is at least as large as required.

• A) True
• B) False

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Definitions:

Par

A value assigned the shares of capital stock and stated on the stock certificate.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in cash or additional shares.

Dividend Per Share

The sum of money paid by a company to its shareholders, divided by the total number of shares outstanding, usually expressed as a dollar amount per share.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with no voting rights but with a fixed dividend.