THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 1

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The faculty advisor at a local business school is interested in determining the monthly expenditures on stationeries for students.The advisor samples some students from each class and computes the sample mean and standard deviation for each class.

-Find a 98% confidence interval for the total expenditures.

• A)13,128.01 ± 126.71
• B)13,128.01 ± 581.23
• C)13,128.01 ± 342.58
• D)13,128.01 ± 665.49

---

Definitions:

Illegal Immigrants

Individuals who enter or reside in a country without the legal permission of that country’s government.

Low-skilled Labor

Workers with minimal specialized skills, training, or education who are typically employed in jobs that require basic tasks.

Illegal Immigrants

People who enter or reside in a country without the proper authorization or documentation required by immigration laws.

Compensating Wage

Additional pay or benefits provided to employees to offset unpleasant aspects of a job or workplace demands.