A Financial Analyst Is Interested in Estimating the Proportion of Publicly

question 6

Multiple Choice

A financial analyst is interested in estimating the proportion of publicly traded companies on the Toronto Stock Exchange that have cash balances of more than 10 percent of the total assets of the company. A random sample of 100 companies shows that 13 had cash balances of more than 10 percent of assets. The 90 percent confidence interval estimate is

• A) 0.0747 to 0.1853
• B) 0.0641 to 0.1959
• C) -0.0870 to 0.1730
• D) -0.0507 to 0.1494
• E) -0.0412 to 0.1588

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Definitions:

Protocol

A set of rules and standards used to communicate between devices in a network, ensuring smooth transmission of data.

Modem

A device facilitating the transmission of data over telephone lines by converting digital signals to analog for transmission and back again for reception.

Local Firewall

A security system for computers that monitors and controls incoming and outgoing network traffic based on predetermined security rules, operating on a single machine.

Software Firewall

A program designed to prevent unauthorized access to or from a private computer network.