Identify the Distribution That Applies to the Following Situation: in Constructing

question 147

Multiple Choice

Identify the distribution that applies to the following situation: In constructing a confidence interval ofσ you have 50 sample values and they appear to be from a population with
A skewed distribution.

• A) Normal distribution
• B) Student t distribution
• C) Chi-square distribution
• D) None of the three distributions is appropriate.

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Definitions:

Tariffs

Taxes imposed by a government on goods and services imported from other countries.

Quotas

Set limits or targets, usually pertaining to sales, production, or imports and exports, that a company or government aims to achieve.

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Imports

Goods or services brought into one country from another for sale.