Provide an Appropriate Response $2.5$ B) $1.8$ C) $18.0$ D) $0.25$

question 31

Multiple Choice

Provide an appropriate response.
-Suppose a population has a mean weight of 180 pounds and a standard deviation of 25 pounds. A sample of 100 items is drawn from this population. What is the standard error of the mean?

• A) \(2.5\)
• B) \(1.8\)
• C) \(18.0\)
• D) \(0.25\)

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Definitions:

Payback Period

The amount of time it takes for an investment to generate cash flows sufficient to recover the initial cost of the investment.

Discount Rate

The interest rate used to discount future cash flows of an investment to present value, reflecting the opportunity cost of capital.

Cost Savings

Reductions in expenditures achieved through methods such as negotiation, effciency improvements, or substitution.

Pretax Return

The profit earned by a business before the deduction of tax expenses.