A Statistics Instructor Wishes to Estimate the Proportion of First

question 11

Multiple Choice

A Statistics instructor wishes to estimate the proportion of first year statistics students that are over 30 years old.In his current class of 32,there are 2 students over 30 years old.Find a "Plus Four" 95% confidence interval for the true proportion.

• A)(0.008,0.214)
• B)(-0.021,0.146)
• C)(0.045,0.288)
• D)(0.009,0.226)
• E)(0.056,0.167)

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Definitions:

Channel Intermediaries

Firms or individuals such as wholesalers, agents, brokers, and retailers who help move a product from the producer to the consumer or business user.

Financing

The act of providing funds for business activities, making purchases, or investing.

Logistical Function

The activities involved in obtaining, producing, and distributing materials and products in the proper place and condition at the right time.

Channel Intermediaries

Firms or individuals such as wholesalers, agents, and retailers who serve as a link between manufacturers and consumers in the distribution process.