How Tall Is the Average Student on Your Campus? to Determine

question 41

Multiple Choice

How tall is the average student on your campus? To determine this,you measure the height,in centimetres,of a random sample of 200 students and calculate the following confidence interval with 95% confidence: 155.72 < μ(height) < 181.20

• A)There's a 95% chance of a classmate being between 155.72 and 181.20 cm tall.
• B)We're 95% sure that the average height of your statistics classmates is between 155.72 and 181.20 cm.
• C)The average height of your classmates is between 155.72 and 181.20 cm.
• D)We can be 95% sure that statistics students are between 155.72 and 181.20 cm tall.
• E)95 of your 100 classmates are between 155.72 and 181.20 cm tall.

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Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business.

Debt-to-Equity Ratio

A financial metric that shows the comparative ratio of equity to debt employed to fund a company's assets.

Return on Equity

A measure of a corporation's profitability, calculated as net income divided by shareholders' equity, indicating how effectively equity is being used.

Return on Assets

A measurement of profitability indicating how efficiently a company uses its assets to generate earnings.