Convert the Following Direct Quote to a Dollar Indirect Quote

question 59

Multiple Choice

Convert the following direct quote to a dollar indirect quote: 1 Danish krone = $0.1755

• A) 0.1755 krone
• B) 0.8245 krone
• C) 1.1755 krone
• D) 5.698 krone

---

Definitions:

Confidence Interval

A series of values, obtained from statistics of a sample, that has a high probability of including the value of an unseen population parameter.

Standard Deviation

A metric that calculates how much a dataset's values deviate or spread out from the average.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, expressed at a certain confidence level.

Mean

The mean of a collection of numbers, found by summing up all values and then dividing by the total count of those values.