A local university administers a comprehensive examination to the candidates for B.S.degrees in Business Administration.Five examinations are selected at random and scored.The scores are shown below.
a.Compute the mean and the standard deviation of the sample.
b.Compute the margin of error at 95% confidence.
c.Develop a 95% confidence interval estimate for the mean of the population.Assume the population is normally distributed.
Definitions:
Courage
The ability to overcome fear and live (or die) by one’s convictions, even in ambiguous, uncertain, and dangerous situations; the virtue that underlies and gives reality to all other values; the basis for moral worth and dignity.
Dignity
The inherent worth and respect that every individual deserves, regardless of their status, achievements, or abilities.
Superordinate Quality
Attributes or characteristics that elevate or distinguish something as superior or of higher status compared to others in its category.
Rotary International
An international service organization whose stated purpose is to bring together business and professional leaders to provide humanitarian service and advance goodwill and peace.
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