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A Population Has a Standard Deviation of 16

question 80

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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?


Definitions:

Co-Tenants

Co-tenants are individuals who share ownership or rental rights to a property, usually with equal rights and obligations under the law.

Rent-Sharing Agreement

An arrangement where income generated from a property is shared between the owner and another party, often in proportion to their contributions or roles.

Monthly Rental

is a periodic payment made by a lessee to a lessor for the use of property, land, or equipment, typically paid once a month.

Deprive Possession

The act of taking away or denying someone's access or ownership of property or an object.

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