For a 99% Confidence Interval of the Population Mean Based

question 131

Multiple Choice

For a 99% confidence interval of the population mean based on a sample of n = 25 with s = 0.05,the critical value of t is:

• A)2.7969
• B)2.7874
• C)2.4922
• D)2.4851

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Definitions:

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to its shareholders in the form of cash.

Operating Activities

Activities that relate directly to the primary business operations, including revenues and expenses, cash flows, and transactions.

Direct Method

A cash flow statement preparation approach that lists major payments and receipts of cash from operational activities directly.

Indirect Method

An approach used in cash flow statements where net income is adjusted for non-cash transactions, deferred revenues, and expenses to calculate cash flow from operating activities.