A Sample of 50 Students Is Taken from Utah Valley

question 1

Multiple Choice

A sample of 50 students is taken from Utah Valley University (UVU) .These students spent an average of $175 on books this semester,with a standard deviation of $25.A 95% confidence interval for the average amount of money spent on books for all students at UVU is equal to ________.(Hint: Use Excel function to obtain the critical value. )

• A)175 ± 3.47
• B)175 ± 7.18
• C)175 ± 7.51
• D)175 ± 3.86

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Definitions:

Dividends

Money distributed from a company's profits to its owners or investors.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, often used by companies to conserve cash.

Market Price

The present cost at which a service or asset is available for purchase or sale in a specific market.

Common Stock

Equity instruments that grant the owner the right to receive dividends, which can fluctuate in value and are not guaranteed, reflecting the company's performance.