A Written Survey Is Conducted at a College Where the Administration

question 8

Short Answer

A written survey is conducted at a college where the administration wants to estimate the number of students wishing to form a student union.There are 7,000 students on campus. In a simple random sample of 600, 420 were in favor of establishing a student union. Compute the standard error )of the proportion

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Definitions:

Group Boycott

An agreement by two or more sellers to refuse to deal with a particular person or firm.

Engine Parts Company

A company specializing in the manufacture, distribution, or sale of components used in the construction or repair of engines.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 which prohibits monopolistic and anti-competitive practices.

Per Se Violation

An action that is inherently illegal, regardless of intent or the circumstances surrounding the action.