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

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to evaluate its financial health.

Market Value

The ongoing price for buying or selling an asset or service in the market.

Stock Split

The division of a company's existing stock into multiple shares to boost market liquidity without affecting shareholders' equity.

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet.