The Upper Limit of the 85% Confidence Interval for the Population

question 194

True/False

The upper limit of the 85% confidence interval for the population proportion p, given that n = 60 and = 0.20 is 0.274.

---

Definitions:

Contract

A legally binding agreement between two or more parties that is enforceable by law.

Third-Party Beneficiary

An individual or entity that benefits from the terms of a contract, despite not being one of the principal parties involved in the agreement.

Incidental Beneficiary

A third party who unintentionally benefits from a contract made between two other parties, without having any enforceable rights under that contract.

Novation

A legal process where an old debt, obligation, or contract is replaced by a new one, effectively extinguishing the original agreement and substituting it with a new party or terms.