A Random Sample of Size 1,000 Is Taken from a Population

question 70

Multiple Choice

A random sample of size 1,000 is taken from a population where p = .20.What is ${?} _{ \hat { p }}$
?

• A).006
• B).20
• C).02
• D).16

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Definitions:

Bankruptcy

The legal process by which the assets of a debtor are sold to pay off creditors so that the debtor can make a fresh start financially.

Operation Of Law Authority

Legal changes or transfers that occur automatically because of established laws, without the need for action by individuals.

Apparent Authority

The appearance or assumption of authority based on the actions or statements of the principal, leading others to believe someone has the authority to act on behalf of the principal.

Express Authority

The explicitly given power or permission to act on behalf of another party, particularly in a legal or business context.