Use the Given Degree of Confidence and Sample Data to Construct

question 128

Multiple Choice

Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p.
-n = 85, x = 49; 98% confidence

• A) 0.451 < p < 0.701
• B) 0.470 < p < 0.682
• C) 0.450 < p < 0.702
• D) 0.471 < p < 0.681

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Definitions:

Qualified Day Care

A child care facility that meets specific state and/or federal regulations and standards to operate legally, often eligible for certain tax benefits or programs.

American Opportunity Tax Credit

A credit for qualified education expenses paid for an eligible student for the first four years of higher education, with a portion potentially refundable.

AGI

Adjusted Gross Income, which is total income adjusted by certain allowable deductions, serving as the base for calculating taxable income.

Qualifying Expenses

Expenses that are determined to be necessary and deductible under tax law for various benefits like education savings accounts or business expenses.