A Sample Is Obtained from a Population with μ =

question 35

Multiple Choice

A sample is obtained from a population with μ = 100 and σ = 20.Which of the following samples would produce the most extreme z-score?

• A)a sample of n = 25 scores with M = 102
• B)a sample of n = 100 scores with M = 102
• C)a sample of n = 25 scores with M = 104
• D)a sample of n = 100 scores with M = 104

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Definitions:

Final Forecast

The last projection made about a variable of interest, such as sales or market trends, before actual data replaces estimates.

Indirect Forecast

Indirect forecast refers to a method of predicting future outcomes or trends based on related but not directly connected indicators, rather than directly observing the phenomenon being forecasted.

Sales Forecasting Techniques

Methods used to estimate the future sales of a product or service over a specific period, based on historical data, market analysis, and other factors.

Heuristic Prognostications

Forecasting or predictions made based on educated guesses or experiential rules rather than formal methods.