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It Is Known That 40% of Voters in a Certain

question 15

Multiple Choice

It is known that 40% of voters in a certain electorate are in favour of a particular candidate. If a sample of size 30 is taken, what is the probability that less than 35% are in favour of this political candidate?


Definitions:

Salaries Payable

Liabilities representing the amounts owed to employees for work performed but not yet paid by the end of the accounting period.

FASB

The Financial Accounting Standards Board, an organization that establishes financial accounting and reporting standards in the United States.

Operating Activities

Business actions directly related to its primary operations, including production, sales, and delivery of services, generating the majority of a company's cash flow.

Direct Method

A way of presenting a cash flow statement where actual cash flow information from operating activities is disclosed.

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