From a Population with a Variance of 900, a Sample

question 63

Multiple Choice

From a population with a variance of 900, a sample of 225 items is selected. At 95% confidence, the margin of error is

• A)15
• B)2
• C)3.92
• D)4

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Definitions:

Administrative Overhead

Expenses related to the general operation of a business that are not directly linked to the production or selling of goods and services.

Explode

In the context of data analysis, to break down information into more detailed parts for in-depth examination.

Quantitative Data

Information that can be measured and represented through numbers or quantities.

Common Language

Common Language means a language that is mutually understood by a diverse group of people, facilitating communication and understanding.