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

question 82

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 between 36% and 44% of the pre-teens have a TV in their bedroom is _______.

• A) 0.9644
• B) 0.4644
• C) 0.0356
• D) 0.9328
• E) 0.0712

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Definitions:

Ultimatum Game

A game in experimental economics in which two players interact to decide how to divide a sum of money that is given by the experimenter.

Dictator Game

An economic experiment where one player (the 'dictator') determines the division of a sum of money between themselves and another player.

Behavioral Economists

Economists who study how psychological, cognitive, emotional, cultural and social factors affect economic decisions of individuals and institutions.

Threat of Rejection

The possibility of being denied acceptance or approval in a particular situation, often causing anxiety or influencing behavior.