A Population Has a Standard Deviation of 16

question 80

Multiple Choice

A population has a standard deviation of 16. If a sample of size 64 is selected from this population, what is the probability that the sample mean will be within ±2 of the population mean?

• A) 0.6826
• B) 0.3413
• C) -0.6826
• D) Since the mean is not given, there is no answer to this question.

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Definitions:

Cause-Related Marketer

A marketing practice where a company and a nonprofit organization form a partnership to promote a social or environmental cause, aiming to generate societal and brand value.

Procompetitive Legislation

Laws designed to encourage competition among businesses, preventing monopolies and promoting fair market practices.

Sherman Antitrust Act

A foundational United States legislation enacted in 1890 to prevent anti-competitive practices, monopolies, and to promote fair competition for the benefit of consumers.

Institutionalization

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