What Could Cause a Sample Mean to Be a Poor

question 96

Multiple Choice

What could cause a sample mean to be a poor point estimate of the population mean?

• A)a small sample including several values at the high end of the population range
• B)a small,homogeneous sample from the population
• C)the sample standard deviation is large
• D)the sample standard deviation is small

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Definitions:

Self-assessment

The process of evaluating one's abilities, performances, and qualities to gain insights or understand personal capabilities and areas of improvement.

Needs Analysis

This process involves determining and addressing gaps between current conditions and desired conditions or needs, often used to identify the necessary changes in an organization or for individual development.

Resource Analysis Process

An assessment methodology used to determine the necessary resources required to achieve specific goals or complete a project.

Sufficient Money

Sufficient Money refers to having enough financial resources to meet one’s needs, obligations, and goals without experiencing financial stress.