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The amount of bleach a machine pours into bottles has a mean of 36 oz.with a standard deviation of 0.15 oz.Suppose we take a random sample of 36 bottles filled by this machine.The sampling distribution of the sample mean has a standard error of 0.15.
Simple Interest
Interest calculated only on the principal amount, or the initial amount of money borrowed or invested, without compounding.
GICs
A financial vehicle in Canada, Guaranteed Investment Certificates offer investors a set return rate over a defined period.
Simple Interest
Interest calculated on the principal or original amount of a loan or investment, without compounding.
GICs
Guaranteed Investment Certificates (GICs) are Canadian investment vehicles offering a guaranteed rate of return over a fixed period of time.
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