THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 15

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A clinic offers a weight-reduction program.A review of its records revealed the following weight losses,in pounds,for a random sample of 10 of its clients at the conclusion of the program: 20,15,21,28,22,19,9,14,18,and 23.
-How large the sample is needed to estimate the population proportion if ME = 0.09,a = 0.05?

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Definitions:

Maturity

The final payment date of a loan or financial instrument at which point the principal (and all remaining interest) is due to be paid.

Covenants

Agreements or promises in a formal loan or bond agreement that cover certain conditions, actions, or restrictions taken by the borrower.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Dividend

A portion of a company's earnings, decided by the board of directors, to be distributed among shareholders, typically in the form of cash payments or additional shares.