A Sample of 100 Items Has a Population Standard Deviation

question 13

Multiple Choice

A sample of 100 items has a population standard deviation of 5.1 and a mean of 21.6.Construct a 95 percent confidence interval for .

• A)[11.60 31.60]
• B)[21.16 22.04]
• C)[20.60 22.60]
• D)[20.76 22.43]

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Definitions:

Unconditional Promise

A pledge or commitment that is absolute and not subject to any conditions or contingencies.

Sum Certain

A specified amount agreed upon within a contract that is clear and not subject to change.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on-demand or at a set time.

Payable on Demand

A financial term indicating that a debt or other financial obligation is due for payment immediately or whenever the creditor requests it.