Suppose 40 Professional Employees Are Randomly Selected

question 27

Multiple Choice

Suppose 40 professional employees are randomly selected. This sample yields a mean of 15.2 hours and a standard deviation of 1.8 hours. The 95% confidence interval is

• A) 12.45 to 17.85 hours.
• B) 14.62 to 15.78 hours.
• C) 13.88 to 14.29 hours.
• D) 10.65 to 20.22 hours.
• E) 11.98 to 18.02 hours.

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Definitions:

Acknowledged Damages

Damages that have been recognized and confirmed by the parties involved in a dispute or by a legal authority.

Consideration

A fundamental requirement for the formation of a legally binding contract, involving an exchange of something of value between the parties.

Promisor

An individual or entity that makes a promise or commitment in a contract to perform some specified action in the future.

Promisee

The person to whom a promise is made in a contract, to whom the promisor has an obligation.