Each Employee of a Large Company Is Encouraged to Contribute,through

question 21

Short Answer

Each employee of a large company is encouraged to contribute,through payroll deduction,to an international charity.Annual contributions per employee follow (approximately)a normal distribution.You take a random sample of 25 employees and find that the sample mean annual contribution per employee is $501 with a standard deviation of $17.00.What are the boundaries for a 99% confidence interval for the population mean,rounded to two decimal places?

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Definitions:

Cognitive Dissonance

The psychological discomfort experienced from holding two or more conflicting beliefs, values, or attitudes.

Contradictory Cognitions

Holding two or more psychological beliefs, ideas, or values that are in conflict with one another.

Social Norms

The unwritten rules that govern the behavior of individuals within a society, guiding what is considered acceptable or unacceptable.

Conform

The act of adjusting one’s behavior or thinking to match those of others or to meet societal standards.