Use the Given Degree of Confidence and Sample Data to Construct

question 13

Multiple Choice

Use the given degree of confidence and sample data to construct a confidence interval for the population mean $\mu$ . Assume that the population has a normal distribution.
-The principal randomly selected six students to take an aptitude test. Their scores were: $\begin{array} { l l l l l l } 88.0 & 84.1 & 74.9 & 83.2 & 83.7 & 85.5\end{array}$
Determine a 90% confidence interval for the mean score for all students.

• A) \(79.49 < \mu < 86.98\)
• B) \(86.98 < \mu < 79.49\)
• C) \(79.59 < \mu < 86.88\)
• D) \(86.88 < \mu < 79.59\)

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Definitions:

Sales Price

The amount of money charged for a product or service in the market.

Current Profits

The amount of net income that a company has generated during the current fiscal period, reflecting its financial performance in the short term.

Production

The process of creating, manufacturing, or assembling goods and services.

Absorption Costing

A method of inventory costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.