A Computer Manufacturing Company Has Sent a Mail Survey to 2800

question 32

Multiple Choice

A computer manufacturing company has sent a mail survey to 2800 of its randomly selected customers that have purchased a new personal computer.The survey asked the customers whether or not they were satisfied with the computer.800 customers responded to the survey.640 customers indicated that they were satisfied,while 160 customers indicated they were not satisfied with their new computer.Construct a 96% confidence interval estimate of the true proportion of customers satisfied with their new computer.

• A)[.786 .814]
• B)[.788 .812]
• C)[.775 .825]
• D)[.785 .816]

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Definitions:

Paid-in Capital

Paid-in capital represents the funds raised by a company through the sale of stock to shareholders, above the par value of the shares.

Treasury Stock

Shares that were once issued and fully paid, but have been bought back by the issuing company and are held in the company’s treasury.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its own treasury.

Cost Method

An accounting method in which investments are recorded at their original purchase cost, without recognizing changes in market value.