The Upper Limit of a Confidence Interval at the 99

question 114

Multiple Choice

The upper limit of a confidence interval at the 99% level of confidence for the population proportion if a sample of size 100 had 40 successes is:

• A)0.3040.
• B)0.4047.
• C)0.5257.
• D)0.4806.

---

Definitions:

Investing Activities

Part of cash flow from investing, representing transactions related to the acquisition or disposal of long-term assets and investments other than inventory.

Increase or Decrease in Cash

A measure that reflects the change in cash and cash equivalents held by a company over a period of time.

Income Statement

A financial statement that shows a company's revenues and expenses, resulting in a net profit or loss over a specific period.

Retained Earnings

The portion of a company's profits that is not distributed as dividends to shareholders but is kept for reinvestment in the business or to pay debt.