The Lower Limit of a Confidence Interval at the 95

question 55

Multiple Choice

The lower limit of a confidence interval at the 95% level of confidence for the population proportion if a sample of size 100 had 30 successes is:

• A) 0.3898
• B) 0.2102
• C) 0.2959
• D) 0.3041
• E) 0.3126

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Definitions:

Imprest Petty Cash

A fixed amount of cash used for small, incidental expenses, replenished periodically.

Petty Cash Receipts

Documents that provide evidence of small, incidental purchases made using a company's petty cash funds.

Fund Replenishment

The process of adding money to a fund to return it to its initial level or to support continued use or operation.

Petty Cash Fund

A small amount of cash kept on hand for minor or unexpected expenses.