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:

Operating Cash Flow

Represents the amount of cash generated by a company's normal business operations.

Interest Expense

The cost incurred by an entity for borrowed funds.

Tax Rate

The proportion of income or profits taken as tax by the government from an individual or company.

Straight-Line Depreciation

A blueprint for allocating the expense of a solid asset across its useful life in even yearly installments.