What Is the 95% Confidence Interval Width for a Sample

question 33

Multiple Choice

What is the 95% confidence interval width for a sample with a mean of 50 and a standard deviation of 14 based on 75 observations?

• A) (44.13, 55.87)
• B) (46.83, 53.17)
• C) (40.67, 59.32)
• D) (48.22, 51.78)

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Definitions:

Credit Policy

Guidelines that a company follows to determine the creditworthiness of its customers and the terms of credit to extend.

Creditworthy

Describes a borrower who is deemed likely by lenders or creditors to repay debt obligations based on their financial health and previous repayment history.

Materials Requirements Planning

A production planning, scheduling, and inventory control system used to manage manufacturing processes.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating short-term financial health.