Suppose a 95% Confidence Interval for Turns Out to Be

question 138

Multiple Choice

Suppose a 95% confidence interval for turns out to be (1,000, 2,100) .To make more useful inferences from the data, it is desired to reduce the width of the confidence interval. Which of the following will result in a reduced interval width?

• A)Increase the sample size.
• B)Increase the confidence level.
• C)Increase the population mean.
• D)Increase the sample mean.

---

Definitions:

Current Assets

Assets that are expected to be sold, consumed, or converted into cash within one year or one business cycle, whichever is longer, including cash, inventory, and receivables.

Sales

The total amount of goods and services sold by a company during a specified financial period, reflecting the company's ability to generate revenue.

Marketable Securities

Financial instruments that can be easily converted to cash without losing much value.

Long-term Debt

Borrowings that are due for repayment after more than one year, used to finance a company's operations and growth.