Examlex

Solved

Instruction 8-13 A University Wanted to Find Out the Percentage of Students

question 128

True/False

Instruction 8-13
A university wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students.A surveyed of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students.The results were 1,344 answered "YES" and 1,456 answered "NO".
-Referring to Instruction 8-13,it is possible that the 99% confidence interval calculated from the data will not contain the sample proportion of students who feel comfortable reporting cheating by their fellow students.


Definitions:

Replenishment

Replenishment encompasses the process of stocking up or refilling inventory or supplies to ensure a continuous flow of goods or materials.

Bank Statement

A report issued by a bank detailing the transactions in a customer's account over a specific period.

Deposit In Transit

Money that has been received and recorded by a business but has not yet been recorded by its bank.

Outstanding Checks

Checks that have been written and recorded in the issuing entity's books but have not yet been cashed or cleared by the bank.

Related Questions