A Fire Occurs in a Massive Warehouse Used to Store

question 44

Multiple Choice

A fire occurs in a massive warehouse used to store apples prior to shipment.The apples are held in individual crates.The insurance company wishes to estimate the proportion of crates that were damaged by smoke from the fire.How many crates should the insurance adjustor analyze if she wishes to construct a 98% confidence interval with a bound on the error of estimation of 0.02?

• A) 3383
• B) 34
• C) 2401
• D) 4147

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Definitions:

Rewards and Punishments

Incentives and consequences used to reinforce desired behavior and discourage unwanted behavior, respectively.

Gamification

The application of game-design elements and principles in non-game contexts to engage and motivate people to achieve their goals.

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A high level of skill or knowledge in a particular subject or activity.

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