A Random Sample of 64 Items Is Selected from a Population

question 59

Multiple Choice

A random sample of 64 items is selected from a population of 400 items.The sample mean is 200. The population standard deviation is 48.From this data,a 90% confidence interval to estimate the population mean can be computed as _______.

• A) 189.21 to 210.79
• B) 188.24 to 211.76
• C) 190.13 to 209.87
• D) 190.94 to 209.06
• E) 193.45 to 211.09

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Definitions:

Assets

Resources owned or controlled by a business, expected to bring future economic benefits.

Correcting Entry

A journal entry made in an accounting ledger to correct a previously made error.

Unearned Service Revenue

Money received by a company for services yet to be provided, classified as a liability because it is an obligation to deliver services in the future.

Correcting Entry

An accounting entry made to correct an error found in the previously issued financial statements or records.