The Z-Test Is Appropriate for Interval Data When the Sample

question 61

Multiple Choice

The z-test is appropriate for interval data when the sample

• A) is of any size and the population standard deviation is known
• B) is small and the population standard deviation is known
• C) is of any size and the sample standard deviation is known
• D) is large and the sample standard deviation is known

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Definitions:

Period Of Time

A specific duration or length of time during which an event occurs or a condition exists.

Expenses

Costs incurred in the operations of a business that are necessary for earning revenue.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, often referred to as the net assets or shareholders' equity.

Assets

are resources owned by a business, having economic value and expected to provide future benefits.