A Sample of 2,000 People Yielded =

question 19

Multiple Choice

A sample of 2,000 people yielded =.52.Calculate a 99 percent confidence interval for p.

• A) [.515,.525]
• B) [.494,.546]
• C) [.506,.534]
• D) [.491,.549]

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Definitions:

Gini Ratio

A scale measuring the degree of income difference among people in a demographic, with 0 symbolizing perfect equity and 1 symbolizing utter inequity.

Greater Inequality

A situation characterized by a wider disparity in income, wealth, opportunities, and other socioeconomic indicators among individuals or groups within a society.

Gini Ratios

Measures of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Income Inequality

The uneven distribution of income within a population, where earnings are not equally distributed among individuals or groups.