Instruction 8-16 the Registrar of a University Would Like to Estimate the Estimate

question 97

True/False

Instruction 8-16
The Registrar of a university would like to estimate the proportion of the student population who owns a personal computer. In a sample of 500 students, 417 own a personal computer.
-Referring to Instruction 8-16,a confidence interval estimate of the population proportion would only be valid if the distribution of the number of students who own a personal computer is normal.

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Definitions:

Ownership Rights

Legal rights that confer the ability to use, control, and dispose of property or assets.

Fixed-Term Tenancy

A lease agreement for a property that is set for a specific period of time, at the end of which, the agreement either ends or must be renewed.

Express Contract

A clearly stated agreement, either written or spoken, where the terms are explicitly stated by all parties involved.

Periodic Tenancy

A lease interest in land for an indefinite period involving payment of rent at fixed intervals, such as week to week, month to month, or year to year.