The Mean of a Sample Is

question 48

Multiple Choice

The mean of a sample is

• A) always equal to the mean of the population.
• B) always smaller than the mean of the population.
• C) computed by summing the data values and dividing the sum by (n - 1).
• D) computed by summing all the data values and dividing the sum by the number of items.

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Definitions:

Euro

The common currency in most of Western Europe.

Dollar

The official currency of the United States, also used as a standard monetary unit in many other countries.

Net Exports

One country’s exports to other countries minus its imports from other countries.

Current Account

A component of a country's balance of payments that includes the trade balance, net income from abroad, and net current transfers.