A University Dean Is Interested in Determining the Proportion of Students

question 144

Multiple Choice

A university dean is interested in determining the proportion of students who receive some sort of financial aid.Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid.The 95% confidence interval for Interpret this interval.

• A)We are 95% confident that the true proportion of all students receiving financial aid is between 0.52 and 0.66.
• B)95% of the students get between 52% and 66% of their tuition paid for by financial aid.
• C)We are 95% confident that between 52% and 66% of the sampled students receive some sort of financial aid.
• D)We are 95% confident that 59% of the students are on some sort of financial aid.

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Definitions:

Intangibles

Non-material factors that can influence negotiations, such as reputation, relationships, or principles.

Bargaining mix

The range of topics, issues, or objectives that parties negotiate and discuss in an attempt to reach an agreement.

Avoidance strategy

A method chosen to sidestep potential problems, conflicts, or risks by staying away from certain actions or decisions.

Alternatives

Other options or choices available to individuals or parties, often considered in decision-making or negotiation.