A Random Sample of 81 Children with Working Mothers Showed

question 131

Short Answer

A random sample of 81 children with working mothers showed that they were absent from school an average of 6 days per term with a standard deviation of 1.8 days.Provide a 95% confidence interval for the average number of days absent per term for all the children in the school.

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Definitions:

Operating Activities

Transactions and events that directly affect the financial position of a company, primarily related to its core business operations.

Comparative Balance

A financial statement that presents balances of accounts or financial metrics at different points in time for comparison.

Direct Method

A method of preparing the cash flow statement where actual cash flow information from operating activities is directly listed.

Operating Activities

Business functions that are directly related to the production and delivery of goods and services, generating the primary revenue streams for a company.