What Is the Most Important Issue Facing the Next President

question 23

Multiple Choice

What is the most important issue facing the next president? In a January 2016 survey of 1022 adults, the Gallup organization found that Republicans and Democrats agreed on the top four issues, and terrorism was reported as the top challenge by 17 percent of respondents, with a margin of error of plus or minus 4 percentage points at 95 percent confidence level.
There is a 95 percent confidence that between 13 percent and 21 percent of Americans feel that the most important issue facing the next president is terrorism. For a 99 percent confidence, the range of points would be:

• A) wider because higher confidence requires a larger margin of error.
• B) narrower because higher confidence requires a smaller margin of error.
• C) wider because higher confidence requires a smaller margin of error.
• D) narrower because higher confidence requires a larger margin of error.

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Definitions:

Trade-In Allowance

The credit a buyer receives for a previous item towards the purchase of a new item.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense over its useful life.

Commercial Substance

A concept in accounting that indicates a transaction has significantly changed the economic conditions or the cash flows of an entity.

Units-Of-Production

A method of depreciation that distributes an asset's cost across its lifespan according to the quantity of units manufactured.