The Following Data Was Collected from a Simple Random Sample

question 114

Multiple Choice

The following data was collected from a simple random sample of a population. The point estimate of the population standard deviation is

• A) 3.441.
• B) 3.847.
• C) 14.8.
• D) 11.84.

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Definitions:

Low-Income Developing

Refers to countries with low levels of income per capita, often characterized by limited economic development and facing challenges in poverty, health, and education.

Absolute Income Gap

The absolute income gap measures the difference in income levels between individuals, households, or groups, without considering relative changes over time or comparisons.

Capital Flight

The sudden and large-scale withdrawal of capital or assets from a country due to economic or political instability.

"Brain Drain"

The emigration of highly trained or qualified people from a particular country.