Geoffrey Is Looking for a Safe Investment for $3,000 He

question 93

Multiple Choice

Geoffrey is looking for a safe investment for $3,000 he received as a bonus. He is looking for an investment that will also help him deal with the effects of inflation. Which of the following options would you recommend that Geoffrey invest in?

• A) Series EE bonds.
• B) Series I bonds.
• C) Junk bonds.
• D) Commercial paper.

---

Definitions:

Confidence Interval

A spectrum of values, extracted from statistics of a sample, presumed to hold the value of a not-yet-known population characteristic, assured with a particular degree of confidence.

Sample Size

The number of observations or data points that are included in a statistical sample.

Confidence Interval

A confidence interval is a range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.

Point Estimate

A single value given as an estimate of a population parameter that is unknown, typically derived from a sample.