Which of the Following Statements Is Correct When Estimating the Difference

question 36

Multiple Choice

Which of the following statements is correct when estimating the difference between two population proportions p₁ − p₂?

• A)We must take two independent samples.
• B)We count the number of successes in each sample.
• C)The sampling distribution of the difference of sample proportions is approximately normally distributed for large sample sizes.
• D)All of these choices are correct.

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Definitions:

Consolidated Total

Combined total figures that merge the financial statements of a parent company and its subsidiaries into one comprehensive financial statement.

Equity Methods

An accounting technique used to record investments in associate companies, where the investment is initially recorded at cost and adjusted according to the investor's share of the investee's profits or losses.

Cost

The amount of money or resources expended to gain an object or service.

Ethical

Pertaining to morals, principles of right and wrong, and the conduct that is considered correct.