You Are Interested in Determining the Difference in Two Population

question 9

Multiple Choice

You are interested in determining the difference in two population means.You select a random sample of 8 items from the first population and 8 from the second population and then compute a 95% confidence interval.The sample from the first population has an average of 12.2 and a standard deviation of 0.8.The sample from the second population has an average of 11.7 and a standard deviation of 1.0.Assume that the values are normally distributed in each population.The point estimate for the difference in means of these two populations is ______.

• A)−0.2
• B)0.2
• C)0.5
• D)−0.5
• E)0.06

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Definitions:

Interim Financial Statements

Financial reports that cover a period of less than a full fiscal year, providing a view of the company's financial position and operations during that shorter period.

Operating Segments

Parts of an enterprise where separate financial reports are available, regularly examined by the top executive responsible for making operational decisions, to aid in the allocation of resources and the evaluation of performance.

Segment Assets

Segment Assets are those assets that are allocated to a company's operating segments and are directly attributable to the segment.

Seasonal Revenues

Revenues that show significant fluctuations according to the time of year, often influenced by holidays, weather, and social customs.