THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 7

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales representative has 425 accounts.From a random sample of 60 of these accounts,she found that the average yearly order was $1,250 with a standard deviation of $70.She also found that 28 out of 60 in the sample have placed an order in the last four weeks.
-Find a 90% confidence interval for the total amount of sales for the sales representative.

• A)$531,250 ± 5,861.93
• B)$87,500 ± $3,651.51
• C)$75,000 ± $2,840.11
• D)$29,750 ± $4,115.33

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Definitions:

Source Evaluation

The process of critically assessing the credibility, relevance, and reliability of the information provided by a source.

Evaluation Criteria

The standards or benchmarks used to assess the performance, value, or quality of a project, product, or service.

Character Formatting

The process of modifying the appearance of text in a document, including changes to font, size, color, and style.

Formatting

The process of arranging or modifying the appearance of text and pages in a document.