Solve the Problem $x _ { L } ^ { 2 }$

question 140

Multiple Choice

Solve the problem.
-Find the critical value $x _ { L } ^ { 2 }$ corresponding to a sample size of 24 and a confidence level of 95 percent.

• A) 11.689
• B) 13.091
• C) 38.076
• D) 35.172

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Definitions:

Deposit

A sum of money placed into an account or given to a party as security for the performance of an agreement.

Daily Interest Rate

The interest rate expressed as a daily figure, often used in calculating interest on loans or savings on a day-to-day basis.

Collection Float

The time period between when a check is deposited and when the funds become available in the company's account.

Cheques

Written orders to a bank to pay a specified amount from the writer's account to the person in whose name the cheque has been issued.