TABLE 8-10 A University Wanted to Find Out the Percentage of Students

question 132

True/False

TABLE 8-10
A university wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students. A survey of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students. The results were 1,344 answered "yes" and 1,456 answered "no".
-Referring to Table 8-10, we are 99% confident that between 45.57% and 50.43% of the student population feel comfortable reporting cheating by their fellow students.

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Definitions:

Credit Policy

Guidelines that govern a company's extension of credit to customers, determining who is eligible and on what terms.

Credit Sales

Sales made by a business on credit, allowing customers to pay at a later date.

Receivables

Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.

Collection Procedures

Established methods used by businesses to follow up on and collect unpaid debts from customers.