It Is Known That the Population Variance (σ²) Is 125

question 17

Multiple Choice

It is known that the population variance (σ²) is 125. At 95% confidence, what sample size should be taken so that the margin of error does not exceed 3?

• A) 52
• B) 53
• C) 54
• D) 55

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Definitions:

Proprietary Fund

A type of governmental accounting fund used to account for activities that are similar to those found in the private sector, where the intent is to recover costs through user charges.