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An Educator Wanted to Look at the Study Habits of University

question 24

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An educator wanted to look at the study habits of university students. As part of the research, data was collected for three variables - the amount of time (in hours per week) spent studying, the
Amount of time (in hours per week) spent playing video games and the GPA - for a sample of 20
Male university students. As part of the research, a 95% confidence interval for the average GPA of
All male university students was calculated to be: (2.95, 3.10) . What assumption is necessary for the
Confidence interval analysis to work properly?


Definitions:

Uncollectible Accounts

Accounts receivable that a business does not expect to collect and writes off as a loss.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Uncollectible Accounts

Uncollectible accounts are debts owed to a company that are considered uncollectable and are written off as a bad debt expense.

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