A Researcher Wants to Estimate the Proportion of a Population

question 70

Multiple Choice

A researcher wants to estimate the proportion of a population which possesses a given characteristic.A random sample of size 250 is taken and 40% of the sample possesses the characteristic.The 95% confidence interval to estimate the population proportion is ___.

• A)0.35 to 0.45
• B)0.34 to 0.46
• C)0.37 to 0.43
• D)0.39 to 0.41
• E)0.40 to 0.42

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Definitions:

Sole Stockholder

An individual or entity that owns 100% of the shares of a corporation, holding complete control.

Transactions

The exchange of goods, services, or funds between two or more parties in business.

Transactions

Financial activities or events that result in the exchange of assets, liabilities, or equity between entities.

Sole Stockholder

An individual or entity that owns 100% of a corporation’s stock, holding complete control over the firm.