If the Population Proportion Is 0

question 19

Multiple Choice

If the population proportion is 0.90 and a sample of size 64 is taken,what is the probability that the sample proportion is less than 0.88?

• A) 0.2019
• B) 0.2981
• C) 0.5300
• D) 0.7019
• E) 0.7899

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Definitions:

Financial Management

The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an individual's life.

Real Wealth

The tangible or material assets one possesses, as opposed to perceived wealth or status indicators.

Leisure Time

Free time spent away from business, work, domestic chores, and education, often engaged in recreational activities.

Right Livelihood

A concept from Buddhist teaching that suggests choosing a profession that does not harm others and is ethically positive, contributing to the well-being of all.