Given That a Sample of Size 32 Was Taken from a Finite

question 89

Multiple Choice

Given that a sample of size 32 was taken from a finite population of 90 with a population standard deviation of 1.8,what would be the margin of error at a 95% level of confidence?

• A)±0.237
• B)±1.262
• C)±0.4452
• D)±0.822

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Definitions:

One-Child Policy

A former Chinese government policy designed to limit most urban families to only one child.

Market-Oriented Economic Development

A strategy that emphasizes adapting products and services to consumer preferences and market demands to foster economic growth.

Currency Exchange Policies

Regulations and practices governing the exchange of one country's currency for another, influencing international trade and economic stability.

Pricing Strategies

Comprehensive plans developed to find the optimal price point to maximize sales and profits while considering costs, competition, and customer demand.