Assume That a Sample Is Used to Estimate a Population

question 79

Multiple Choice

Assume that a sample is used to estimate a population proportion p. Find the margin of error E that corresponds to the
given statistics and confidence level. Round the margin of error to four decimal places.
-95% confidence; n = 2388, x = 1672

• A) 0.0156
• B) 0.0206
• C) 0.0248
• D) 0.0184

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Definitions:

Direct Method

In accounting, the direct method is a way of reporting cash flows from operating activities by listing major categories of gross cash receipts and payments.

Income Taxes Payable

The amount of federal, state, or local taxes that a company is obligated to pay to the tax authorities, based on its earnings, within the current accounting period.

Income Tax Expense

The cost incurred by businesses or individuals due to income taxes.

Investing Activities

Transactions related to the purchase or sale of long-term assets and investments, which are part of the cash flow statement indicating how cash is invested.