A University Surveyed Recent Graduates of the English Department for Their

question 58

Multiple Choice

A university surveyed recent graduates of the English department for their starting salaries. Four hundred graduates returned the survey. The average salary was $25,000. The population standard deviation was $2,500. What is the 95% confidence interval for the mean salary of all graduates from the English department?

• A)[$22,500,$27,500]
• B)[$24,755,$25,245]
• C)[$24,988,$25,012]
• D)[$24,600,$25,600]

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Definitions:

Completed Jobs

The number of tasks, projects, or orders that have been finished within a specified period.

Incomplete Jobs

Tasks or projects that have been started but not yet finished, often requiring further inputs of resources or time to complete.

Indirect Cost

Expenses not directly tied to a specific product or service, such as overhead costs like utilities or rent.

Cost Object

An object or entity to which costs are allocated and determined, covering items such as services, products, projects, or clients.