Professor York Randomly Surveyed 240 Students at Oxnard University and Found

question 92

Multiple Choice

Professor York randomly surveyed 240 students at Oxnard University and found that 150 of the students surveyed watch more than 10 hours of television weekly.Develop a 95 percent confidence interval to estimate the true proportion of students who watch more than 10 hours of television each week.The confidence interval is

• A)0.533 to 0.717
• B)0.564 to 0.686
• C)0.552 to 0.698
• D)0.551 to 0.739

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Definitions:

Management

The process of directing and controlling a group of people or an organization in order to achieve a goal.

Secondary Market

A market where investors buy and sell securities they already own, typically through a brokerage.

Primary Market

The market where new securities are issued and bought directly from the issuing company, facilitating capital raising.

Auction Market

A marketplace where buyers and sellers enter bids and offers simultaneously; prices are determined through direct interaction of supply and demand.