Over the Entire Six Years That Students Attend an Ohio

question 34

Multiple Choice

Over the entire six years that students attend an Ohio elementary school, they are absent, on average, 28 days due to influenza. Assume that the standard deviation over this time period is σ = 9 days. Upon graduation from elementary school, a random sample of 36 students is taken and asked how many days of school they missed due to influenza. What is the standard deviation for the sampling distribution of the number of school days missed due to influenza?

• A) 1.22
• B) 1.50
• C) 2.25
• D) 9.00

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Definitions:

Units-Of-Production Method

An approach to depreciation that allocates an asset's cost based on its use, output, or production, rather than passing time.

Amortization

The process of spreading out the cost of an intangible asset over its useful life or paying off a debt over time in regular installments.

Statement Of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company, showing how the company manages its liquidity.