Use the Given Values of N=93 and $\mu - 2 \sigma$

question 8

Multiple Choice

Use the given values of n=93 and p=0.24 to find the minimum value that is not significantly low, $\mu - 2 \sigma$ and the maximum value that is not significantly high , $\mu + 2 \sigma$ Round your answer to the nearest hundredth unless otherwise noted.

• A) Minimum: 30.56 ; maximum: 14.08
• B) Minimum: 14.08 ; maximum: 30.56
• C) Minimum: 18.2 ; maximum: 26.44
• D) Minimum: -11.61 ; maximum: 56.25

---

Definitions:

Cash Inflows

Money coming into a business from various sources, including sales, investment income, and financing activities.

Required Rate

The minimum percentage return that an investor expects to achieve from an investment.

Average Accounting Return

A measure of the profitability of an investment, calculated as the average net income divided by the average book value of the investment.

Straight-line Depreciation

A method of allocating the cost of a tangible fixed asset over its useful life in equal annual installments.