Use the Following to Answer the Question(s) Below

question 62

Multiple Choice

Use the following to answer the question(s) below.
Insurance company records indicate that 10% of its policyholders file claims involving theft or robbery of personal property from their homes. Suppose a random sample of 400 policyholders is selected.
-What is probability that the sample proportion of policyholders filing claims involving theft or robbery of personal property from their homes exceeds 15%?

• A) 99.96%
• B) 0.04%
• C) 42.07%
• D) 57.93%
• E) 38.21%

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Definitions:

Coaching Style

A way of leading, instructing, or guiding individuals or teams to improve performance and achieve goals.

Participating Style

A leadership or management approach that actively involves team members in decision-making processes and problem-solving tasks.

Delegating Style

A management approach where authority and tasks are transferred to subordinates or team members.

Telling Style

A leadership approach focused on unilaterally giving instructions and expecting compliance.