What Is the Approximate Width of an 80 Percent Confidence

question 43

Multiple Choice

What is the approximate width of an 80 percent confidence interval for the true population proportion if there are 12 successes in a sample of 80?

• A)± 0.078
• B)± 0.066
• C)± 0.051
• D)± 0.094

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Definitions:

Credit Availability

The ease with which individuals or companies can obtain loans or other forms of credit from financial institutions.

Income Level

The term income level refers to the amount of money earned by an individual, household, or economic entity within a specific period, often categorized for statistical analysis.

Large Denomination

Refers to currency or financial instruments that are issued in large values, typically used in major transactions or as a store of value.

Time Deposit

A deposit in a financial institution that requires notice of withdrawal or must be left for some fixed period of time.