The Head Librarian at the National Library of Australia Has

question 175

Multiple Choice

The head librarian at the National Library of Australia has asked her assistant for an interval estimate of the mean number of books checked out each day.The assistant provides the following interval estimate: from 740 to 920 books per day.If the head librarian knows that the population standard deviation is 150 books checked out per day,and she asked her assistant to use 25 days of data to construct the interval estimate,what confidence level can she attach to the interval estimate?

• A) 98.0%
• B) 99.0%
• C) 95.4%
• D) 99.7%

Understand the doctrine of necessaries and its application to contracts involving minors and mental incompetents.

Grasp the consequences of misrepresentation of age by minors in entering contracts.

Comprehend the specific contracts that minors cannot disaffirm due to state laws.

Understand the implications of mental incapacity and intoxication on contract formation and enforcement.