Provide an Appropriate Response $3 \%$ With $90 \%$ Reliability, How Many Students Would Need to Be Sampled?
A)

question 12

Multiple Choice

Provide an appropriate response.
-A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid. If the dean wanted to estimate the proportion of all students receiving financial aid to within $3 \%$ with $90 \%$ reliability, how many students would need to be sampled?

• A) 728
• B) 176
• C) 443
• D) 22

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Definitions:

Gross Investment

The total amount spent on new capital assets before accounting for depreciation, reflecting an economy's investment levels.

Plant And Equipment

Physical assets of a business that are permanent structures or fixed machinery used in operations.

Inventory

The total amount of goods and materials held in stock by a business, intended for sale or production.

Partnerships

A business organization in which two or more individuals own and operate the business together, sharing in profits and liabilities.