If We Imagine All the Possible Random Samples of 150

question 38

Multiple Choice

If we imagine all the possible random samples of 150 students at this university,95% of the samples should have means between what two numbers?

• A)$2206.06 and $2793.94
• B)$150.00 and $2695.96
• C)$2304.04 and $2695.96
• D)$300 and $4900
• E)$150.00 and $2597.98

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Definitions:

Cash Overage

A situation where the amount of cash on hand exceeds the expected amount, often referring to excess cash reported in a cash register.

Petty Cash Account

A small fund kept on hand for minor or incidental expenses, managed through a system of vouchers for tracking outflows.

Receipts

Documents acknowledging the receipt of payment for goods or services received.

Currency

The system of money in general use in a particular country.