Which Statement Is False? Explain

question 25

Multiple Choice

Which statement is false? Explain.

• A)If μ = 52 and σ = 15, then X = 81 would be an outlier.
• B)If the data are from a normal population, about 68 percent of the values will be within μ ± σ.
• C)If μ = 640 and σ = 128, then the coefficient of variation is 20 percent.

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Definitions:

Semiannual

Occurring twice a year; a term often used in the context of payments, reporting periods, or interest calculations.

Par Value

A nominal value assigned to a share of stock in the charter of a corporation, unrelated to market value.

Effective Interest Amortization

A method of allocating loan interest payments over the life of the loan, taking into account the varying principal amounts.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, typically expressed as an annual rate.