The Average Age in a Sample of 90 Students at City

question 20

Multiple Choice

The average age in a sample of 90 students at City College is 20.From this sample, it can be concluded that the average age of all the students at City College _____.

• A) must be more than 20, since the population is always larger than the sample
• B) must be less than 20, since the sample is only a part of the population
• C) could not be 20
• D) could be larger, smaller, or equal to 20

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Definitions:

Dividend Payable

A liability recorded on the balance sheet for dividends declared by the company but not yet paid to shareholders.

Shareholders' Equity

The amount of capital given to a company by its shareholders plus retained earnings or minus the company's liabilities.

Total Liabilities

The sum of all financial obligations a company owes to external parties, including debts and other payable amounts.