The NCAA Is Interested in Estimating the Difference in Mean

question 95

True/False

The NCAA is interested in estimating the difference in mean number of daily training hours for men and women athletes on college campuses.They want 95 percent confidence and will select a sample of 10 men and 10 women for the study.The sample results are:

Based on these data,the point estimate is .30 hours.

---

Definitions:

Interest Rate

The rate at which a borrower pays interest for borrowing money from a lender.

Equal Annual Payments

Payments made in uniform amounts each year, typically used in amortization of loans or in annuities.

Compound Interest

This is the calculation of interest on a deposit or loan that takes into account both the initial principal and the compounded interest from past periods.

Bonds Payable

Long-term liabilities representing money a company owes to holders of its bond issues, often with fixed interest payments.