You Take a Random Sample to Estimate a Population Mean

question 29

True/False

You take a random sample to estimate a population mean and your results have a confidence level of 80%.That means the process you used will give you correct results 80% of the time.

---

Definitions:

Court of Chancery

A court historically dealing with matters of equity, including trusts, estates, and breaches of fiduciary duty, operating with a foundation in principles of fairness.

Common Law Court

A type of court that bases its decisions on precedents, or previous judicial rulings, as well as statutes and legislation.

Civil Code

A comprehensive system of laws designed to deal with the core areas of private law such as property, family, and obligations.

Quebec

A province in Canada known for its French-speaking population and distinct legal and cultural identity.