True or False: a Sample Is Used to Obtain a 95

question 44

True/False

True or False: A sample is used to obtain a 95% confidence interval for the mean of a population.
The confidence interval goes from 15 to 19.If the same sample had been used to test the null
hypothesis that the mean of the population is equal to 18 versus the alternative hypothesis that the
mean of the population differs from 18, the null hypothesis could be rejected at a level of
significance of 0.05.

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Definitions:

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, even if it was not predictable.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony in the group results in an irrational or dysfunctional decision-making outcome.

Poor Decisions

Choices or judgments that result in undesirable outcomes, often due to a lack of information, consideration, or impulse control.

Consensus

This term means general agreement among a group or the shared conclusions of a collective.