The Following MINITAB Output Presents A $95 \%$ Confidence Interval Fill in the Blanks: We Are_________ Confident That the Population

question 39

Multiple Choice

The following MINITAB output presents a $95 \%$ confidence interval.
$\begin{array}{ccccc}\hline{\text { The assumed sigma }=9.5959} \\\text { Variable } & \mathrm{N} & \text { Mean } & \text { SE Mean } & 95 \% \mathrm{CI} \\\mathrm{x} & 62 & 49.304 & 1.2187 & (46.915,51.693) \\\hline\end{array}$
Fill in the blanks: We are_________ confident that the population mean is between________ _ and

• A) 5%, 0, 49.304
• B) 95%, 0, 49.304
• C) 5%, 46.915, 51.693
• D) 95%, 46.915, 51.693

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Definitions:

Par Common Stock

The nominal or face value assigned to a share of common stock in the company’s charter.

Cumulative Preferred Stock

Stock that has a right to receive regular dividends that were not declared (paid) in prior years.

Par Value

The nominal or face value assigned to a share of stock or bond, typically used in accounting as a base value rather than market value.

Dividend Liability

Refers to the amount a company owes to its shareholders after the board of directors declares a dividend but before the company has actually paid it.