Bob's Average Golf Score at His Local Course Is 93

question 41

Multiple Choice

Bob's average golf score at his local course is 93.6 from a random sample of 34 rounds of golf. Assume that the population standard deviation for his golf score is 4.2. The 90% confidence interval around this sample mean is ________.

• A) [89.0, 98.3]
• B) [90.5, 96.7]
• C) [92.4, 94.8]
• D) [93.2, 94.0]

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Definitions:

Surplus

A situation where the quantity of a product or service supplied exceeds the quantity demanded at the current price.

Binding Price Floor

An enforced price limit by authorities that prevents prices from falling below a certain level, causing excess supply.

Surplus

A situation where the quantity supplied of a good exceeds the quantity demanded, often leading to a decrease in prices.

Market

A market is a venue where buyers and sellers meet to exchange goods, services, or financial instruments. It can be physical or virtual.