If the Standard Error of the Sampling Distribution of the Sample

question 5

Multiple Choice

If the standard error of the sampling distribution of the sample proportion is 0.02049 for samples of size 500, then what may we conclude about the population proportion?

• A) The population proportion must be either 0.2 or 0.8.
• B) The population proportion must be either 0.5 or 0.5.
• C) The population proportion must be either 0.3 or 0.7.
• D) The population proportion must be either 0.6 or 0.4.

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Definitions:

Payroll Tax Liability

The obligation of employers to withhold and pay taxes on behalf of their employees, such as social security and Medicare taxes.

Authorized Depository

A financial institution authorized to accept deposits from individuals and businesses.

Form 941

Form 941 is a quarterly tax form that employers use to report income taxes, social security tax, or Medicare tax withheld from employees' paychecks.

Payroll Tax Depositor

An entity or individual responsible for depositing payroll taxes collected from employers and employees to the appropriate tax authorities.