The College Student Journal (December 1992)investigated Differences in Traditional and Nontraditional

question 98

Multiple Choice

The College Student Journal (December 1992) investigated differences in traditional and nontraditional students,where nontraditional students are defined as 25 years old or older and working.Based on the study results,we can assume the population mean and standard deviation for the GPA of nontraditional students is µ = 3.5 and ? = 0.5.Suppose a random sample of 100 nontraditional students is selected and each student's GPA is calculated.Find the interval that contains 95.44 percent of the sample means for nontraditional students.

• A) \(\left[ \begin{array} { l l }
• 3.45 & 3.55
• \end{array} \right]\)
• B) \(\left[ \begin{array} { l l }
• 2.50 & 4.50
• \end{array} \right]\)
• C) \(\left[ \begin{array} { l l }
• 3.35 & 3.65
• \end{array} \right]\)
• D) \(\left[ \begin{array} { l l }
• 3.40 & 3.60
• \end{array} \right]\)

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Definitions:

Utility Function

A representation in economics that expresses the preference ordering of various utility levels or consumption bundles by individuals or firms.

Consumption

The use of goods and services by households or individuals, often analyzed to understand economic activity and consumer behavior.

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A bushel is a unit of volume that is used in the United States for measuring quantities of agricultural produce such as grains, fruits, and vegetables.

Harvest

The process or period of gathering in crops.