Examlex

Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 87

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A random sample of 10 stock market mutual funds was taken.Suppose that rates of returns on the population of stock market mutual funds follow a normal distribution.
-Suppose that a sample of 20 mutual funds had been taken.Without doing the calculations,indicate how this would change the 95% interval for the population variance when a random sample of 10 stock market mutual funds was taken.


Definitions:

Coherent Values

A set of beliefs and principles that are logically consistent with each other and support a clear, unified approach to life and decision-making.

Promises Fulfillment

The act of meeting or delivering on the commitments one has made to others.

Technological Progress

Refers to the advancements and improvements in tools, machines, techniques, and software that increase efficiency and capability in various fields such as science, industry, and daily life.

Social Problems

Issues within a society that are recognized by a significant number of people as contrary to their values.

Related Questions