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Professor York Randomly Surveyed 240 Students at Oxnard University and Found

question 35

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. How many additional students would Professor York have to sample to estimate the proportion of all Oxnard University students who watch more than 10 hours of television each week within ± 3 percent with 99 percent confidence?


Definitions:

Equity Financing

The method of raising capital by selling company shares to investors, thereby exchanging ownership rights for cash investments.

Tax Deductible

Tax Deductible refers to certain expenses that individuals or businesses can subtract from their gross income to reduce the amount of taxable income.

Market Values

The present cost at which a product or service may be purchased or sold in an open market.

Par Value

The face value of a stock or bond, representing the nominal or dollar value assigned when issued.

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