Suppose We Wish to Calculate a 90% Confidence Interval for the Average

question 2

Multiple Choice

Suppose we wish to calculate a 90% confidence interval for the average amount spent on books by freshmen in their first year at a major university.The interval is to have a margin of error of $2.Assume that the amount spent on books by freshmen has a Normal distribution with a standard deviation of  = $30.How many observations are required to achieve this margin of error?

• A)25
• B)608
• C)609
• D)865

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Definitions:

False Imprisonment

An unlawful restraint of an individual's freedom of movement by another purporting to have the right to do so.

Compensatory Damages

Compensatory damages are financial awards given to individuals in civil lawsuits to compensate for losses, harm, or injury they have suffered due to another party's actions.

Punitive Damages

are awarded in legal cases to punish the defendant for egregious behavior and to deter similar actions in the future.

Survival Statutes

Laws that allow certain legal rights or actions to continue to exist even after the death of an individual involved.