A Large Trucking Company Wants to Estimate the Proportion of Its

question 61

Multiple Choice

A large trucking company wants to estimate the proportion of its tracker truck population with refrigerated carrier capacity..A random sample of 200 tracker trucks is taken and 30% of the sample have refrigerated carrier capacity. The 95% confidence interval to estimate the population proportion is _______.

• A) 0.53 to 0.67
• B) 0.25 to 0.35
• C) 0.24 to 0.36
• D) 0.27 to 0.33
• E) 0.28 to 0.34

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Definitions:

Bankruptcy Procedure

The legal process under bankruptcy laws for dealing with the debt of individuals or entities that cannot pay their creditors.

Creditors

Individuals or entities that lend money or extend credit to others.

Chapter 13

A type of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts.

Payment Plan

An agreement to pay off a debt over a set period of time in scheduled installments.