Multiple Choice
A federal bank examiner is interested in estimating the mean outstanding defaulted loans balance of all defaulted loans over the last three years.A random sample of 20 defaulted loans yielded a mean of $67,918 with a standard deviation of $16,552.40.Calculate a 90% confidence interval for the mean balance of defaulted loans over the past three years.
A) [66,487 69,349]
B) [39,299 96,537]
C) [57,329 78,507]
D) [61,829 74,007]
E) [61,519 74,317]
Correct Answer:
Verified
Correct Answer:
Verified
Q42: Ten items of 100 are defective.Develop a
Q43: Research has been conducted that studies the
Q44: In a study of factors affecting soldiers'
Q45: When determining the sample size,if the value
Q46: As the standard deviation, (
Q48: There is an average of 22.455 employees
Q49: At a sobriety checkpoint the sheriff's department
Q50: Unoccupied seats on flights cause airlines to
Q51: A Research and Development Laboratory researcher for
Q52: Find a 99 percent confidence interval for