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Author Question: The interval within which a sample mean has a high probability of occurring, given that the ... (Read 47 times)

stevenposner

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The interval within which a sample mean has a high probability of occurring, given that the population mean and variance is known, is called a(n):
 
  A) confidence interval.
  B) rejection interval.
  C) acceptance interval.
  D) decision interval.

Question 2

Determine the sales forecast (in 000's) for the 4th quarter of year 10.
 
  A) approximately 120 units
  B) approximately 131 units
  C) approximately 146 units
  D) approximately 196 units



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mirabriestensky

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Answer to Question 1

C

Answer to Question 2

B




stevenposner

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


phuda

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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