SCENARIO 8-14 The President of a University Is Concerned That the Percentage

question 43

Short Answer

SCENARIO 8-14
The president of a university is concerned that the percentage of students who have cheated on an exam is higher than the 1% acceptable level.A confidential random sample of 1,000 students from a population of 7,000 revealed that 6 of them said that they had cheated on an exam during the last semester.
-Referring to Scenario 8-14,what is the critical value for the 90% one-sided confidence interval for the proportion of students who had cheated on an exam during the last 12 months?

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Definitions:

Reportable Segment

A component of a business that can be separately identified for reporting purposes, often because it engages in operations that generate revenues and expenses.

Auditor's Report

A formal opinion or disclaimer, issued by an auditor, regarding the financial statements of a company, indicating whether they present a fair and accurate view.

Introductory

Pertaining to the beginning or initial stage of something, usually providing a basic level of information or understanding.

Scope

The extent of the area or subject matter that something deals with or to which it is relevant.