In a Random Sample of 500 California Residents,350 Indicated That

question 59

Multiple Choice

In a random sample of 500 California residents,350 indicated that they were home owners.In another random sample of 700 Florida residents,455 indicated that they were home owners.What is the 99% confidence interval for the difference between the proportions?

• A)0.05 ± 0.070
• B)0.05 ± 0.085
• C)0.05 ± 0.053
• D)0.05 ± 0.045

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Definitions:

Operating Activities

Day-to-day actions that relate to producing and delivering a company’s products and services, forming the primary source of revenue.

Future Cash Flows

Future cash flows refer to the estimated monetary inflows and outflows a company expects to receive or pay out in the future, playing a critical role in financial planning and analysis.

Operating Activities

Operating activities refer to the day-to-day functions of a business involved in producing and selling its goods or services, which are reflected in its cash flow.