If the Population Proportion Is 0

question 49

Multiple Choice

If the population proportion is 0.90 and a sample of size 64 is taken,what is the probability that the sample proportion is more than 0.89?

• A) 0.1064
• B) 0.2700
• C) 0.3936
• D) 0.6064
• E) 0.9000

Gain insight into health disparities based on immigration status and ethnicity.

Analyze the factors influencing smoking behavior in populations.

Evaluate the impact and relevance of the medical model versus alternative approaches to health.

Recognize tobacco as a leading cause of preventable death and environmental issues related to its use.

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Definitions:

Ceiling Price

A legally imposed maximum price that can be charged for a good or service, intended to prevent prices from becoming too high.

Allocative Efficiency

A condition of distributing resources where improving the situation of one person results in the detriment of another.

Economic Profits

The surplus remaining after deducting both the explicit and implicit costs from total revenues; represents extra earnings above the next best alternative.

Fair Return

The reasonable profit that a business can expect to make, considering the risk involved.