Instruction 8-10 the Registrar of a University Would Like to Estimate the Estimate

question 140

True/False

Instruction 8-10
The Registrar of a university would like to estimate the proportion of the student population who owns a personal computer.In a sample of 500 students,417 own a personal computer.
-Referring to Instruction 8-10,a 95% confidence interval for the proportion of student population who own a personal computer is narrower than a 99% confidence interval.

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Definitions:

Ranked Preferences

A method of ordering alternatives based on their level of desirability or utility to an individual or group.

Public Good

A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Economic Analysis

The systematic approach for comparing the costs and benefits of different courses of action in terms of their impact on the economy.