SCENARIO 8-12 The Superintendent of a Unified School District of a Small

question 64

Short Answer

SCENARIO 8-12
The superintendent of a unified school district of a small town wants to make sure that no more than 5% of the students skip more than 10 days of school in a year.A random sample of 145 students from a population of 800 showed that 12 students skipped more than 10 days of school last year.
-Referring to Scenario 8-12,what is the upper bound of the 95% one-sided confidence interval for the proportion of students who skipped more than 10 days of school last year?

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Definitions:

Misstatement

A false or inaccurate statement or entry, often in financial reporting or documentation.

Historical Cost

The original monetary value of an asset, reflecting its cost at the time of acquisition, without adjustments for inflation.

Inventories

Assets held for sale, in the process of production for sale, or in the form of materials or supplies to be consumed in the production process.