In a Survey of 1,000 People,420 Are Opposed to a Particular

question 141

Multiple Choice

In a survey of 1,000 people,420 are opposed to a particular tax increase.Construct a 95 percent confidence interval for the proportion of people in the population opposed to this tax increase.

• A) \(\left[ \begin{array} { l l l }
• .394 & .446
• \end{array} \right]\)
• B) \(\left[ \begin{array} { l l }
• .389 & .451
• \end{array} \right]\)
• C) \([ .380 \quad .460 ]\)
• D) \([ .399 \quad .441 ]\)

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Definitions:

Cheques

A written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money to a payee.

Deposit

A sum of money placed or kept in a bank account, often to gain interest.

Balance

Balance refers to the amount of money in a financial account, or the equality between the sum of debits and credits in an account.

Account

A record or statement of financial expenditure and receipts relating to a particular period or purpose or the contractual arrangement under which an entity manages the funds of another.