A Sample of 500 Executives Who Own Their Own Home

question 121

Multiple Choice

A sample of 500 executives who own their own home revealed 175 planned to sell their homes and retire to Victoria. Develop a 98% confidence interval for the proportion of executives that plan to sell and move to Victoria.

• A) 30% and 40%
• B) 29% and 41%
• C) 28% and 42%
• D) 29.5% and 40.5%
• E) 29.3% and 41.3%

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Definitions:

Project Management Institute

An international professional organization for project management professionals, offering certifications, resources, and advocacy.

Work Breakdown Structure

A hierarchical description of a project into more and more detailed components.

Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

Quality Goals

Targets set to achieve a specific standard of quality in products or services, often aligned with customer expectations and regulatory requirements.