You Want to Build a 90% Confidence Interval Estimate of a Population

question 15

Multiple Choice

You want to build a 90% confidence interval estimate of a population mean.You take a sample of size 100 and find a sample mean of 1300.If the population standard deviation is 25, calculate the standard error of the sampling distribution of the sample mean.

• A)1.75
• B)2.60
• C)1.90
• D)2.85
• E)2.50

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Definitions:

Contingency Approach

A management theory that suggests the best way to organize and make decisions is dependent on the specific situation, emphasizing that there is no one best way to manage.

Managerial Responses

The actions or decisions taken by managers in reaction to internal or external factors impacting the organization.

Two-factory Theory

A psychological theory that proposes that human emotions consist of two components: physical arousal and a cognitive label that specifies the emotion.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.