The Following Data Was Collected from a Simple Random Sample

question 21

Multiple Choice

The following data was collected from a simple random sample of a population. 13 15 14 16 12
The point estimate of the population standard deviation is

• A)2.500
• B)1.581
• C)2.000
• D)1.414

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Definitions:

Unanimous Decision

An agreement on a particular issue where all members of a group fully concur without any objection.

Illusion of Invulnerability

A cognitive bias that leads individuals or groups to underestimate the risks they face, often resulting in overly optimistic decision making.

Danger Signs

Indications or warnings of potential trouble, risk, or adverse conditions within an organization or process.

Conservative Decision

A choice made with caution, typically avoiding risk and preferring the most stable or least uncertain option.