According to a Report in USA Today, More and More

question 104

Multiple Choice

According to a report in USA Today, more and more parents are helping their young adult children get homes. Suppose eight persons in a random sample of 40 young adults who recently purchased a home in Kentucky received help from their parents. You have been asked to construct a 95% confidence interval for the population proportion of all young adults in Kentucky who received help from their parents. What is the margin of error for a 95% confidence interval for the population proportion?

• A) 1.645(0.0040)
• B) 1.645(0.0632)
• C) 1.96(0.0040)
• D) 1.96(0.0632)

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Definitions:

Arbitrary Inference

A cognitive distortion where an individual draws a conclusion without evidence, or in spite of contradictory evidence.

Personalization

The process of tailoring a product, service, or content to an individual's specific needs, preferences, or interests.

Selective Thinking

A cognitive bias that involves focusing on evidence or information that supports one's beliefs while ignoring evidence that contradicts them.

Irrational Beliefs

Thoughts that are not logically consistent or not supported by evidence, often contributing to negative emotional states.