An Auditor for a Large Oil Corporation Has Taken a Random

question 59

Multiple Choice

An auditor for a large oil corporation has taken a random sample of monthly credit card charges for 32 individual (non-corporate) accounts.She found a mean of $81.76.Assume that the population standard deviation is 48.2.A 98% confidence interval estimate for the population mean of individual credit card charges would be:

• A) 81.76 \(\pm\) 19.89.
• B) 81.76 \(\pm\) 16.72.
• C) 81.76 \(\pm\) 112.94.
• D) 81.76 \(\pm\) 22.0.
• E) 81.76 \(\pm\) 2.33.

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Definitions:

IQ

An abbreviation for Intelligence Quotient, a theoretical measure of an individual's cognitive abilities in relation to their age group.

Multiple Intelligences

A theory proposed by Howard Gardner, suggesting that people have different kinds of intelligences, such as linguistic, logical-mathematical, and spatial.

Musical Intelligence

Refers to the capacity to discern, create, and appreciate rhythmic and harmonic patterns; it's often linked with skills in performance, composition, and appreciation of musical patterns and structures.

Dyscalculia

A specific learning disability affecting a person's ability to understand numbers and learn math facts.