The Employees of Cybertronics Inc

question 57

Multiple Choice

The employees of Cybertronics Inc.need to complete a certification online.A random sample of 49 employees gives an average time for completion of all the coursework and passing the tests of 20 hours.Assume that the population standard deviation is 6 hours and the population of employees is fairly large.Construct a 95% confidence interval for the average time required to complete the certification.

• A)18.28 to 21.72
• B)18.32 to 21.68
• C)18.36 to 21.64
• D)18.40 to 21.60
• E)19.76 to 20.24

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Definitions:

Working Capital

The gap between a firm's current assets and its current liabilities, signifying the available liquidity for operating its business activities.

Incremental Sales

The additional revenue generated from an increase in sales activities or volume above a baseline level.

Cash Operating Expenses

Expenses that a company pays out in cash during an accounting period, excluding non-cash expenses like depreciation.

After-Tax Discount

The reduced value of a cash flow or series of cash flows after accounting for the impact of income tax.