THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 40

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An auditor,examining a total of 650 accounts receivable by a corporation,selected a random sample of 45 accounts.The sample mean is $108.34 and the sample standard deviation is $30.85.
-Using an unbiased estimation procedure,find an estimate of the variance of the population mean.

• A)29.60
• B)19.72
• C)14.26
• D)25.87

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Definitions:

Obesity

A medical condition characterized by excessive body fat that presents a risk to health, often due to a combination of excessive food intake, lack of physical activity, and genetic susceptibility.

Medicalization

The process by which non-medical issues become defined and treated as medical problems, usually in terms of illnesses or disorders to be managed by the healthcare system.

Life Expectancy

A statistical measure that estimates the average number of years a person is expected to live based on current mortality rates and other factors.

Aboriginal People

Indigenous inhabitants of a region, particularly referring to native communities in countries like Australia and Canada, with distinct cultures and traditions.