Suppose That an Internal Report Submitted to the Managers at a Bank

question 19

Multiple Choice

Suppose that an internal report submitted to the managers at a bank in Boston showed that with 95 percent confidence, the proportion of the bank's customers who also have accounts at one or more other banks is between .45 and .51. Given this information, what sample size was used to arrive at this estimate?

• A) About 344
• B) Approximately 1,066
• C) Just under 700
• D) Can't be determined without more information.

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Definitions:

Paraprofessionals

Support professionals typically working alongside fully qualified professionals, often in educational or healthcare settings, providing supplementary assistance.

Providers of Color

Healthcare or service providers who identify as people of color, indicating diversity in the workforce.

Iatrogenesis

"Sickness or pathology that results from medical or psychological intervention and treatment."

Chinese American

An American citizen or resident of Chinese descent, often referring to a person's cultural identity integrating both Chinese and American elements.