To Determine the Mean Number of Unpopped Kernels in Your

question 68

Multiple Choice

To determine the mean number of unpopped kernels in your favorite brand of microwave popcorn,you pop a random sample of 50 bags of popcorn and construct of 98% confidence interval of (12.5,15.4) .

• A)1.23 unpopped kernels
• B)1.45 unpopped kernels
• C)1.50 unpopped kernels
• D)2.90 unpopped kernels
• E)Not enough information is given.

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Definitions:

Original Investments

The initial amount of money put into a venture, project, or asset, serving as the basis for generating earnings or losses.

Net Income

A financial metric that represents the profit of a company after all expenses and taxes have been subtracted from total revenue.

Salary Allowances

Employee benefits added to base salary, such as health insurance, bonuses, or retirement contributions.

Capital Balances

The amount of money that partners or shareholders have contributed to a business or the equity they have in a business.