The Chamber of Commerce Wants to Assess Its Membership's Opinions

question 69

Multiple Choice

The Chamber of Commerce wants to assess its membership's opinions of the North American Free Trade Agreement.One-hundred of the 2,000 members are randomly selected and contacted by telephone.Seventy-five reported an overall favourable opinion,and twenty-five reported an overall unfavourable opinion.The proportion,0.75,is a ___.

• A)parameter
• B)statistic
• C)population
• D)sample
• E)frame

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Definitions:

Put Option

An option that gives the owner the right, but not the obligation, to sell an asset.

Call Option

An option that gives the owner the right, but not the obligation, to buy an asset.

Purchase Shares

The act of buying ownership stakes in a company, typically through its stock, offering potential for investment returns.

Protective Put

A defensive financial strategy that involves buying a put option for a stock that is already owned, giving the holder the right to sell the stock at a specified price, thereby providing a hedge against potential declines.