Provide an Appropriate Response $98 \%$ Confidence Interval for the Proportion of College Seniors Who Are

question 104

Multiple Choice

Provide an appropriate response.
-A survey of 1010 college seniors working towards an undergraduate degree was conducted. Each student was asked, "Are you planning or not planning to pursue a graduate degree?" Of the 1010 surveyed, 658 stated that they were planning to pursue a graduate degree. Construct and interpret a $98 \%$ confidence interval for the proportion of college seniors who are planning to pursue a graduate degree.

• A) \(( 0.616,0.686 )\); we are \(98 \%\) confident that the proportion of college seniors who are planning to pursue a graduate degree is between \(0.616\) and \(0.686\).
• B) \(( 0.620,0.682 )\); we are \(98 \%\) confident that the proportion of college seniors who are planning to pursue a graduate degree is between \(0.620\) and \(0.682\).
• C) \(( 0.621,0.680 )\); we are \(98 \%\) confident that the proportion of college seniors who are planning to pursue a graduate degree is between \(0.621\) and \(0.680\).
• D) \(( 0.612,0.690 )\); we are \(98 \%\) confident that the proportion of college seniors who are planning to pursue a graduate degree is between \(0.612\) and \(0.690\).

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Definitions:

Competitive Positions

A firm's standing or rank in the marketplace in comparison to its competitors, often based on factors like market share, reputation, or innovation.

Core Competencies

Fundamental skills, advantages, or capabilities that a company or individual possesses, which set them apart from the competition and contribute to their unique value proposition.

Mixed Maps

Cartographic representations that combine different types of data or mapping techniques to offer comprehensive insights into a particular area or subject.

Operational Plan

A detailed plan outlining how a team or department will contribute to the achievement of the organization’s strategic goals.