Elwin Osbourne, CIO at GFS, Inc

question 58

Multiple Choice

Elwin Osbourne, CIO at GFS, Inc., is studying employee use of GFS e-mail for non-business communications.A random sample of 200 e-mail messages was selected.Thirty of the messages were not business related.The 95% confidence interval for the population proportion is _________.

• A)0.108 to 0.192
• B)0.153 to 0.247
• C)0.091 to 0.209
• D)0.101 to 0.199
• E)0.199 to 0.201

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Definitions:

Income Tax Rate

The Income Tax Rate is the percentage at which an individual or corporation is taxed on their income, varying according to earnings and jurisdictional tax laws.

After-Tax Discount Rate

The rate of return used in capital budgeting that accounts for taxes, providing a more accurate measure of net present value or investment profitability.

Straight-Line Depreciation

A procedure for apportioning the cost of a tangible good over its operational lifespan in uniform annual amounts.

Initial Investments

The initial capital outlay required to start a project, purchase assets, or acquire a company, reflecting the upfront costs to begin operations.