A Sociologist Develops a Test to Measure Attitudes About Public

question 3

Multiple Choice

A sociologist develops a test to measure attitudes about public transportation, and 27 randomly selected subjects are given the test.Their mean score is 76.2 and their standard
Deviation is 21.4.Construct the 95% confidence interval for the mean score of all such
Subjects.

• A)(64.2, 83.2)
• B)(64.2, 88.2)
• C)(74.6, 77.8)
• D)(69.2, 83.2)
• E)(67.7, 84.7)

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Definitions:

Residual Dividend Policy

A policy wherein dividends are based on the earnings left over after all operating expenses and expansion projects are funded.

Target Capital Structure

The optimal mix of debt, equity, and other securities that a firm aims to hold, which minimizes its cost of capital and maximizes its stock price.

Capital Budget

Planning for the acquisition and use of long-term assets to achieve a company’s strategic goals.

Payout Ratio

A financial metric indicating the percentage of a company's earnings paid out as dividends to shareholders, typically expressed as a percentage of net income.