A Sample of Size N = 42 Is Drawn from a Population

question 31

Multiple Choice

A sample of size n = 42 is drawn from a population whose standard deviation is $\sigma = 8.5$ Find the margin of error for a 95% confidence interval for $\mu$

• A) 1.49
• B) 1.31
• C) 0.88
• D) 2.57

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Definitions:

Equity Method

An accounting technique used by a company to record the profits earned through its investment in another company.

Cash Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Associate

A term that may refer to a business partner, an employee position within a company, or a relationship between entities where one has significant influence over the other.