The Standard Error Will Increase If the Variation (Standard Deviation)is

question 15

True/False

The standard error will increase if the variation (standard deviation)is increased.

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Definitions:

Estoppel

A legal principle that prevents someone from arguing something contrary to a claim they have previously made or accepted by their actions.

Apparent Authority

A situation where a reasonably prudent person would understand that an agent had the authority to act, even if the agent didn't have actual authority.

Purported Principal

An entity or individual represented as having granted authority to another, whether or not such authority actually exists.

Disclosed Principal

A principal whose identity is known by the third parties with whom the agent enters into contracts on behalf of the principal.