Suppose 40% of the Population of Pre-Teens Have a TV

question 27

Multiple Choice

Suppose 40% of the population of pre-teens have a TV in their bedroom. If a random sample of 500 pre-teens is drawn from the population, then the probability that 44% or fewer of the pre-teens have a TV in their bedroom is ___.

• A) 0.9644
• B) 0.4644
• C) 0.0356
• D) 0.0400
• E) 0.9600

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Definitions:

Operating Activity

Activities that relate directly to the operations of the company, including production, sales, and other core business functions.

Investing Activity

Financial operations related to acquiring or disposing of non-current assets, crucial for budgeting and strategic planning of an organization's capital.

Financing Activity

Transactions related to raising capital and repaying investors, including issuing stock, paying dividends, and borrowing funds.

Net Income

A company's overall earnings following the deduction of all costs and taxes from its gross income.