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

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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 90% confidence interval calculated from the same data would be narrower than a 99% confidence interval.


Definitions:

Stock Market Reports

Financial analyses and summaries that provide information on the performance of stock markets and individual stocks.

Consumers

Individuals or groups that purchase goods or services for personal use and not for manufacture or resale.

Commercial Ventures

Business projects or enterprises initiated with the intent to make a profit, often by meeting consumer needs or offering innovative products.

User Trends

Patterns or changes in consumer behavior, often analyzed within digital platforms to understand preferences, usage, and engagement over time.

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