A Random Sample of 200 Includes 100 Protestants

question 19

Multiple Choice

A random sample of 200 includes 100 Protestants.The researcher estimates,at the 95% confidence level,that between 43% and 57% of the population is Protestant.In this research situation,

• A)the parameter is 200.
• B)P_u is .43 or .57.
• C)N is 100.
• D)alpha is 0.05.

---

Definitions:

Real Interest Rate

The interest rate after adjusting for inflation, reflecting the true cost of borrowing and the real yield to investors.

Deflation

A decrease in the general price level of goods and services, often causing an increase in the value of money.

Nominal Interest Rate

The stated or face interest rate of a loan or financial product, not adjusted for inflation.

Purchasing Power

The ability of an individual or group to buy goods and services with a given amount of money.