TABLE 17-2 A Political Pollster Randomly Selects a Sample of 100 Voters

question 34

Multiple Choice

TABLE 17-2
A political pollster randomly selects a sample of 100 voters each day for 8 successive days and asks how many will vote for the incumbent. The pollster wishes to construct a p chart to see if the percentage favoring the incumbent candidate is too erratic.
-Referring to Table 17-2, what is the numerical value of the center line for the p chart?

• A) 0.53
• B) 0.56
• C) 0.63
• D) 0.66

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Definitions:

Comparison Universe

A benchmark or group of benchmarks that portfolios are compared against to evaluate their performance or risk characteristics.

Mutual Funds

Investment funds that pool money from multiple investors to buy a diversified portfolio of stocks, bonds, or other securities.

Astronomy

The scientific study of celestial bodies, including stars, planets, comets, and galaxies, and phenomena that originate outside the Earth's atmosphere.

Sharpe Measure

A ratio designed to measure the risk-adjusted return of an investment, comparing its excess return over the risk-free rate to its standard deviation.