Provide an Appropriate Response $0.5350$ B) 2140
C) 4000
D) $0.4650$

question 19

Multiple Choice

Provide an appropriate response.
-Many people think that a national lobby's successful fight against gun control legislation is reflecting the will of a minority of Americans. A random sample of 4000 citizens yielded 2140 who are in favor of gun control legislation. Find the point estimate for estimating the proportion of all Americans who are in favor of gun control legislation.

• A) \(0.5350\)
• B) 2140
• C) 4000
• D) \(0.4650\)

---

Definitions:

Unamortized Discount

The portion of a bond discount that has yet to be expensed to interest expense over the bond's life.

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, known as bonds.

Gain or Loss

The financial result from a transaction when the selling price of an asset differs from its book value.

Bonds

Long-term debt securities issued by corporations and governments to raise funds, paying interest to holders.