A population of size 1,000 has a proportion of 0.5. Therefore, the proportion and the standard deviation of the sample proportion for samples of size 100 are

A. 500 and 0.047.
B. 500 and 0.050.
C. 0.5 and 0.047.
D. 0.5 and 0.050.


Answer: C

Business

You might also like to view...

The Baldrige performance criteria focus on a single aspect of quality

Indicate whether the statement is true or false

Business

The variable costing format is often more useful to managers than the absorption costing format because

a. costs are classified by their behavior. b. costs are always lower. c. it is required for external reporting. d. it justifies higher product prices.

Business

Beach Corporation has a return on investment of 15%. A Beach division, which currently has a 13% ROI and $750,000 of residual income, is contemplating a massive new investment that will (1) reduce divisional ROI and (2) produce $120,000 of residual income. If Beach strives for goal congruence, the investment:

A. should be acquired because after the acquisition, the division's ROI and residual income are both positive numbers. B. should be acquired because it produces $120,000 of residual income for the division. C. should not be acquired because the division's ROI is less than the corporate ROI before the investment is considered. D. should not be acquired because it reduces divisional ROI. E. should not be acquired because it produces $120,000 of residual income.

Business

What is the difference between a single limit and a split limit in expressing liability limits in the PAP?

What will be an ideal response?

Business