When Testing a Single Sample Mean for Significance When the Population

question 24

Multiple Choice

When testing a single sample mean for significance when the population standard deviation is unknown and sample size is 75,the correct sampling distribution is

• A)the t distribution.
• B)the Z distribution.
• C)it makes no difference.
• D)t for a one-tailed test,Z for a two-tailed test.

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Definitions:

Legal Capital

The portion of a company's equity that cannot legally be distributed to shareholders as dividends, often linked to the par value of common and preferred stock.

Par Value

A nominal dollar amount assigned to corporate shares, representing the minimum price per share that shares can be issued at.

Stated Value

A value that has been assigned to a corporation's stock that does not have a par value, often used for accounting purposes.

Treasury Stock

Shares that were issued and later reacquired by the issuing corporation.