Score: CULUS -GAS 1 I. Read and analyze the question carefully. Write letter of the correct answer on the space provided. For 1-5: The daily allowance of students in a certain high school is known to...

Extracted text: Score: CULUS -GAS 1 I. Read and analyze the question carefully. Write letter of the correct answer on the space provided. For 1-5: The daily allowance of students in a certain high school is known to be normally distributed with a mean of P70.00 and a standard deviation of P20.00. A random sample of 16 students will be taken. Jeannemirth D. M tter that 1. What is the mean of the sample mean? A. 16 2. What is the standard error? В. 20 С. 70 D. 90 C. 6.81 D. 7.21 A. 4.25 3. What is the z-value for = 65? A. -0.25 4. What are the two values within P10.00 of the true mean? B. 5.00 В. -1.00 C. 0.50 D. 1.00 Tes e initial C. 60 and 80 D. 65 and 75 A. 60 and 70 B. 55 and 65 5. What is the probability that the sample mean is less than 65? A. 0.4602 6. Which statement is true? A. Estimation is a procedure by which a numerical value or numerical values are assigned to the population parameter based on the information collected from a population. B. Estimation is a procedure by which a numerical value or numerical values are assigned to the sample statistic based on the information collected from a sample. C. Estimation is a procedure by which a numerical value or numerical values are assigned to the sample statistic based on the information collected from a population. D. Estimation is a procedure by which a numerical value or numerical values are assigned to C. 0.4013 D. 0.5987 B. 0.1587