subject
Mathematics, 18.03.2021 01:20 sarahnd6907

Business bankruptcies in Canada are monitored by the Office of the Superintendent of Bankruptcy Canada (OSB).8 Included in each report are the assets and liabilities the company declared at the time of the bankruptcy filing. A study is based on a random sample of 75 reports from the current year. The average debt (liabilities minus assets) is $92,172 with a standard deviation of $111,538.a) Construct a 95% one-sample t confidence interval for the average debt of these companies at the time of filing. b) Because the sample standard deviation is larger than the sample mean, this debt distribution is skewed. Provide a defense for using the tconfidence interval in this case.

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:30, theworld58
Aswimming pool has an input pump for filling the pool and an output pump for emptying the pool. the input pump can fill the pool in 3 hours, and the output pump can drain the pool in 5 hours. as you go to bed, the pool is full, but a neighbor’s kid turns on the output pump. at midnight, you awake to find the pool half empty. immediately, you turn on the input pump, but you are sleepy and forget to turn off the output pump. at what time will the pool become full?
Answers: 1
image
Mathematics, 21.06.2019 15:30, yayrocks2395
Afurniture store has 1,500 chairs in storage. a manager uses three delivery receipts to simulate samples to check 100 chairs and note the number of brown chairs. suppose the actual number of brown chairs is 1,080. about how many brown chairs are
Answers: 1
image
Mathematics, 21.06.2019 17:30, tnassan5715
What is the shape of the height and weight distribution
Answers: 2
image
Mathematics, 21.06.2019 20:00, quarrella
Adam used 1072.4 gallons of water over the course of 7 days. how much water did adam use, on average, each day?
Answers: 1
You know the right answer?
Business bankruptcies in Canada are monitored by the Office of the Superintendent of Bankruptcy Cana...

Questions in other subjects:

Konu
Biology, 10.09.2021 02:20
Konu
Computers and Technology, 10.09.2021 02:20
Konu
Mathematics, 10.09.2021 02:20