We Draw a Random Sample of Size 36 from a Population

question 74

Multiple Choice

We draw a random sample of size 36 from a population with the standard deviation 3.5.If the sample mean is 27,what is a 95% confidence interval for the population mean?

• A)[25.8567,28.1433]
• B)[26.0405,27.9595]
• C)[26.8100,27.1900]
• D)[26.8401,27.1599]

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Definitions:

Financial Market

Platforms or systems where financial instruments like stocks, bonds, currencies, and derivatives are bought and sold.

Bonds

Fixed-income securities that represent a loan made by an investor to a borrower, typically used by corporations, municipalities, states, and governments to finance projects and operations.

Stock Exchange

A stock exchange is a marketplace where securities, such as stocks and bonds, are bought and sold, facilitating capital exchange between investors and companies.

Demand

The desire, willingness, and ability of consumers to purchase goods or services at a given price.