From a population that is not normally distributed and whose standard deviation is not known, a sample of 50 items is selected to develop an interval estimate forĀµ. Which of the following statements is true??
A. ?The standard normal distribution can be used.
B. ?The t distribution with 50 degrees of freedom must be used.
C. ?The t distribution with 49 degrees of freedom must be used.
D. ?The sample size must be increased in order to develop an interval estimate.
Answer: C
You might also like to view...
A key driver of shareholder value is the aggregate value of the customer base. Identify the five strategies employed by winning companies to improve the value of their customer base
What will be an ideal response?
A common problem with all forms of direct marketing is the _____
a. difficulty in a consumer's visualizing the product's texture, color, and fit b. inability of a retailer to generate mailing lists from a customer data base c. inability to classify shoppers on the basis of their past shopping behavior d. high startup costs
Business gift giving is considered as the most unacceptable business practice in China
Indicate whether the statement is true or false a. True b. False
The FUTA tax (Federal Unemployment Tax Act) is a federal tax paid by the employee
Indicate whether the statement is true or false