You Want to Estimate the Average GMAT Score for All

question 31

Multiple Choice

You want to estimate the average GMAT score for all students who took the Logitano GMAT Preparation course during the past 2 years.You select a random sample of 100 such students from a comprehensive list of all students who took the course over the last two years and find that the average GMAT score for the sample was 1040.Assume you know the population standard deviation here is 83 points.Produce the 95% confidence interval estimate of the mean GMAT score for the population of Logitano students represented by the sample.Report the margin of error shown in your interval.

• A)8.15
• B)10.92
• C)25.6
• D)16.3
• E)14.8

---

Definitions:

Manufacturing Resource Planning

Manufacturing Resource Planning (MRP II) is an integrated method for effective planning of all resources of a manufacturing company.

Production Control

A business function that involves managing and directing the production process, ensuring products are produced efficiently, at the right quality, quantity, and cost.

Production Process

The method or series of actions taken to create a product or service, starting from raw materials to the final output.

Decorative Sculptures

Art pieces designed primarily for aesthetic appeal and ornamental purposes, rather than functional use.