If We Have a Sample of 14 Values That Gives

question 8

Multiple Choice

If we have a sample of 14 values that gives us a 99% confidence interval of 5.76 < μ < 8.54, what is the standard deviation of the sample?

• A) 1.87
• B) 1.91
• C) 1.95
• D) 1.72

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Definitions:

Capital Lease

A lease agreement that is classified as a purchase by the lessee due to its terms closely mirroring the acquisition of an asset.

Preferred Stock

Preferred stock represents a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often receiving dividends before common shareholders.

Common Stock

A type of security that represents ownership in a corporation, granting holders voting rights and a share in the company's profits through dividends.

Earnings Per Share

A financial ratio calculated by dividing a company's net profit by the number of its outstanding shares, indicating the profitability on a per-share basis.