Professors of Accountancy Are in High Demand at American Universities

question 92

Multiple Choice

Professors of accountancy are in high demand at American universities.A random sample of 28 new accounting professors found the average salary was $135 thousand with a standard deviation of $16 thousand.Assume the distribution is normally distributed.Construct a 90% confidence interval for the salary of new accounting professors.Answers are in thousands of dollars.

• A) [107.7520,162.2480]
• B) [129.8506,140.1494]
• C) [130.0260,139.9740]
• D) [131.0268,138.9732]

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Definitions:

Effortful Processing

A type of active and conscious information processing requiring attention and effort to encode or remember information.

Automatic Processing

Involves unconscious encoding of incidental information and well-practiced activities, requiring minimal cognitive effort.

Memory Storage

Memory storage refers to the process by which information is encoded, stored, and retrieved in the brain, allowing for the preservation and recall of experiences and knowledge.

Sensory Memory

The shortest-term element of memory, capable of retaining impressions of sensory information after the original stimuli have ended.