Find the Lower Confidence Limit of the 90% Confidence Interval

question 93

Multiple Choice

Find the lower confidence limit of the 90% confidence interval.

• A)13.81
• B)18.24
• C)22.59
• D)25.89

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Definitions:

Maker

The individual or entity that creates or issues a financial instrument, such as a check or a promissory note.

Note Receivable

A written promise that one party will pay another party a specified sum of money, either on demand or at a set future date.

Promissory Note

A financial instrument in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.

Accounts Receivable

Funds that customers owe to a business for products or services already provided but not yet compensated for.