Suppose a Random Sample of 36 Is Selected from a Population

question 43

Multiple Choice

Suppose a random sample of 36 is selected from a population with a standard deviation of 12.If the sample mean is 98, the 99% confidence interval to estimate the population mean is ___.

• A)94.08 to 101.92
• B)92.85 to 103.15
• C)97.35 to 98.65
• D)93.34 to 102.66
• E)90.20 to 105.00

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Definitions:

Assignment

The transfer of a debtor’s property to an Official Receiver under a voluntary assignment in bankruptcy.

Amount Owing

The total sum of money that is due or payable to another party.

Not to Commit Waste

A principle obligating a party to avoid causing damage or destruction to property.

Quiet Possession

The right of a tenant or property owner to use and enjoy their property without interference.