For a Given Confidence Level and Population Standard Deviation, Which

question 78

Multiple Choice

For a given confidence level and population standard deviation, which of the following is true in the interval estimation of the population mean?

• A) If the sample size is bigger, the interval is narrower.
• B) If the sample size is smaller, the interval is narrower.
• C) If the population size is bigger, the interval is narrower.
• D) If the population size is smaller, the interval is narrower.

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Definitions:

Market Value

The present rate at which a service or asset is available for purchase or sale on the open market.

Straight Line

A depreciation method where an asset loses value evenly across its useful life.

Tax Rate

The percentage at which an individual or corporation is taxed.

Market Value

The current price at which an asset or service can be bought or sold in the market.