A Random Sample of 64 SAT Scores of Students Applying

question 75

Multiple Choice

A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240. The 95% confidence interval for the population mean SAT score is

• A) 1340.06 to 1459.94.
• B) 1341.20 to 1458.80.
• C) 1349.93 to 1450.07.
• D) 1320.32 to 1479.68.

---

Definitions:

Investment in Stock

The purchase of shares in a company to gain partial ownership and potentially earn dividends or capital gains.

Capital Stock

The amount of money or assets that owners have contributed to a corporation in exchange for shares of ownership.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide the preparation and presentation of financial statements globally.

Comparative

Relating to the analysis of financial information by comparing data from different time periods or entities.