A University Is Studying the Proportion of Students Retained in Various

question 14

Multiple Choice

A university is studying the proportion of students retained in various years.Suppose the proportion of students retained in 2009 is
And the proportion of students retained in 2010 is
.A study found a 90% confidence interval for
-
Is (-0.0398,0.0262) .Give an interpretation of this confidence interval.

• A)We are 90% confident that the proportion of students retained in 2009 is between 3.98% less and 2.62% more than the proportion of students retained in 2010.
• B)We know that 90% of students retained in 2010 between 3.98% less and 2.62% more than 2009.
• C)We know that 90% of students retained in 2009 between 3.98% less and 2.62% more than 2010.
• D)We are 90% confident that the proportion of students retained in 2010 is between 3.98% less and 2.62% more than the proportion of students retained in 2009.
• E)We know that 90% of all random samples done on the population will show that the proportion of students retained in 2009 is between 3.98% less and 2.62% more than the proportion of students retained in 2010.

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Definitions:

Necessity-based Entrepreneurship

Starting a business out of a need for employment rather than seizing an opportunity or innovative idea.

Corporate Career Backgrounds

The professional experiences and pathways within corporations that individuals have taken.

Entrepreneurial Venture

A startup or a new business established by an entrepreneur with the aim of seeking innovation, growth, and profit.

Minority-owned SMEs

Small and medium-sized enterprises that are owned and controlled by individuals from minority ethnic or racial groups.