The Sample Variance

question 77

Multiple Choice

The sample variance

• A) is always smaller than the true value of the population variance.
• B) is always larger than the true value of the population variance.
• C) could be smaller, equal to, or larger than the true value of the population variance.
• D) can never be zero.

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Definitions:

Income

Income is the financial gain or earnings received by an individual or household from work, investments, or other sources during a given period of time.

Whites

Refers to individuals of European descent.

Puerto Rico

An island territory of the United States located in the Caribbean Sea, with a rich blend of cultural influences and its own distinct identity.

Commonwealth

A political community founded for the common good, often used to describe self-governing territories associated with a larger nation.