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For a Sample of 20 IQ Scores the Mean Score σ,\sigma _ { , }

question 87

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For a sample of 20 IQ scores the mean score is 105.8. The standard deviation, σ,\sigma _ { , } is 15. Determine whether a normal distribution or a t-distribution should be used or whether neither of these can be used to construct a
Confidence interval. Assume that IQ scores are normally distributed.


Definitions:

Composition

The makeup or structure of something, in finance it might refer to the mix of assets in a portfolio or ingredients of a financial product.

Creditors

Entities or individuals to whom money is owed by a person or company.

Absolute Priority Rule

A principle in bankruptcy proceedings that senior creditors are paid before junior creditors and shareholders.

Liquidation

Termination of the firm as a going concern.

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