THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 85

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a recent survey of 240 teachers in Richmond,Virginia,77.2% supported standardized national testing of elementary students.In a survey of 162 teachers in Raleigh,North Carolina,64.2% supported national testing.
-What is the lower confidence limit of the 99% confidence interval for the difference between the two population proportions?

• A)-0.011
• B)0.036
• C)-0.036
• D)0.011

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Definitions:

Insurance Coverage

A contractual agreement where an insurer agrees to compensate the insured for specific losses or damages in exchange for premiums paid.

Insurable Interest

A stake in the value of an entity or event for which insurance coverage can be purchased to protect against loss.

Identified Goods

Goods that are designated for a specific sale or contract, distinguishing them from other inventory.

Bailee

One to whom goods are entrusted by a bailor.