What Is for a 95% Confidence Interval of the Population

question 90

Multiple Choice

What is for a 95% confidence interval of the population mean based on a sample of 15 observations?

• A)1.761
• B)1.960
• C)2.131
• D)2.145

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Definitions:

Units Of Outputs

The individual items or quantities of service produced by an economic entity.

Cost Of Capital

The cost of funds used for financing a business, expressed as the rate of return that investors expect from the capital invested in the business.

Output Effect

The impact on the overall production or output of a firm or economy resulting from a change in demand or other economic variables.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods or services, leading consumers to replace more expensive items with cheaper alternatives.