A Random Sample of Size 15 Taken from a Normally

question 17

Short Answer

A random sample of size 15 taken from a normally distributed population revealed a sample mean of 75 and a sample variance of 25. The upper limit of a 95% confidence interval for the population mean would equal: $\begin{array}{|l|l|}\hline\text { A. } & 77.769 \\\hline \text { B. } & 72.231 \\\hline \text { C. } & 72.727 \\\hline \text { D. } & 77.273 \\\hline\end{array}$

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Definitions:

Honduras

A country located in Central America, characterized by its rich culture, historical sites, and a diverse landscape that includes mountains, rainforests, and coastal beaches.

Nicaragua

A country located in Central America, known for its significant cultural heritage, geography, and political history.

Self-sufficient

The capacity of an individual, household, or community to meet their needs and sustain themselves without external assistance.

Economic Perspective

Viewing situations and making decisions based on costs, benefits, and the impact on resource allocation and consumption.