A Public Relations Firm Found That Only 77% of Voters $\hat { p }$

question 109

Multiple Choice

A public relations firm found that only 77% of voters in a certain state are satisfied with their state representative. How large a sample of voters should be drawn so that the sample proportion $\hat { p }$ of Voters who are satisfied with their representative is approximately normally distributed?

• A) 44
• B) 10
• C) 13
• D) 61

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Definitions:

Long-Term Debt

Loans and financial obligations lasting more than one year used by businesses to finance their operations.

Accounts Receivable

Amounts receivable by a business from its clients for goods or services that have already been delivered, but payment is pending.

Inventory

The complete inventory of products and materials that a business keeps for the aim of selling or using in manufacturing.

Quick Ratio

A liquidity metric that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventory.