A Random Sample of 30 Executives from Companies with Assets

question 58

Multiple Choice

A random sample of 30 executives from companies with assets over $1 million was selected and asked for their annual income and level of education. The ANOVA comparing the average income among three levels of education rejected the null hypothesis. The mean square error (MSE) was 243.7. The following table summarized the results: When comparing the mean annual incomes for executives with undergraduate and master's degrees or more,which of the following 95% confidence interval can be constructed?

• A)2.0 ± 2.056 * 6.52
• B)2.0 ± 3.182 * 6.52
• C)2.0 ± 2.052 * 42.46
• D)2.0 ± 3.182 * 42.46

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Definitions:

Dividends Received

Income received by investors, typically shareholders of a corporation, from the profits of the company.

Investee

A company in which another entity has invested, granting the investor a level of influence or control over its operations.

Related Expense

Costs that are directly connected to or a result of a specific business activity or operation.

Subsidiary Contract

An agreement or contract involving a company that is controlled by another parent company.