TABLE 8-8 the President of a University Would Like to Estimate the Estimate

question 88

True/False

TABLE 8-8
The president of a university would like to estimate the proportion of the student population that owns a personal computer. In a sample of 500 students, 417 own a personal computer.
-Referring to Table 8-8, it is possible that the 99% confidence interval calculated from the data will not contain the sample proportion of students who own a personal computer.

---

Definitions:

Entrepreneurs

People who establish, manage, and run companies while accepting higher-than-usual financial risks in the process.

Freedom of Choice

The power or right to make one's own decisions without interference from others, often referred to in the context of consumer choices in the marketplace.

Laundry Detergent

A type of cleaning agent that is used for washing clothes.