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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 40

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An auditor,examining a total of 650 accounts receivable by a corporation,selected a random sample of 45 accounts.The sample mean is $108.34 and the sample standard deviation is $30.85.
-Using an unbiased estimation procedure,find an estimate of the variance of the population mean.


A) 29.60
B) 19.72
C) 14.26
D) 25.87

Correct Answer:

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