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

question 196

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, a confidence interval estimate of the population proportion would only be valid if the distribution of the number of students who own a personal computer is normal.

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Definitions:

Stock Warrants

Certificates granting the holder the right to purchase shares of stock at a specified price before a set expiration date.

Option Price

The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Subscription Contract

An agreement between a provider and a customer for the provision of services or delivery of goods over a specified period in return for payment.

Shares Issued

The total number of a company's shares that have been sold to and held by shareholders.