When Finding a Confidence Interval for a Population Mean Based

question 37

Multiple Choice

When finding a confidence interval for a population mean based on a sample of size 8, which assumption is made?

• A) The population standard deviation,is known.
• B) The sampling distribution of z is normal.
• C) The sampled population is approximately normal.
• D) There is no special assumption made.
• E) None of these.

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Definitions:

Employee Stock Ownership

A program that gives employees ownership interest in the company through stock ownership.

Stock Trust

A legal entity that holds and manages stock investments on behalf of its beneficiaries.

Managed Behalf

Acting or making decisions for another person or entity, typically in a professional or representative capacity.

Employee Participation

Involvement of employees in the decision-making processes of an organization, aiming to increase engagement and morale.