When We Construct a 95% Confidence Interval,we Are 95% Sure

question 46

Multiple Choice

When we construct a 95% confidence interval,we are 95% sure that the

• A)sample mean difference falls within the interval.
• B)population mean difference falls within the interval.
• C)population mean difference is at the center of the interval.
• D)sample mean difference is at the center of the interval.

---

Definitions:

Business Losses

Financial losses incurred by a business, often resulting from expenses exceeding revenues within a specific time period.

Permanent Account

An account in the general ledger that carries its ending balance over to the next accounting period.

Temporary Account

A type of financial account used in accounting to record revenues, expenses, gains, and losses within a specific accounting period, which are then transferred to permanent accounts.

Chart of Accounts

A systematic list of all ledger account titles and numbers used by a company, organized by type of account.