The Sampling Distribution of the Sample Mean Is Shown $\sigma = 0.24$

question 16

Multiple Choice

The sampling distribution of the sample mean is shown. If the sample size is n = 16, what is the standarddeviation of the population from which the sample was drawn? Round to the nearest thousandth whereappropriate.

• A) \(\sigma = 0.24\)
• B) \(\sigma = 0.96\)
• C) \(\sigma = 0.015\)
• D) \(\sigma = 0.004\)

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Definitions:

Collateral

An asset or property that a borrower offers to a lender as security for a loan.

Secured Party

An individual or entity that holds an interest in a secured transaction, typically a lender with a security interest in the collateral provided by a borrower.

Debtor

An individual or organization that owes money to another party, known as the creditor.

Security Agreement

A legal document that provides a lender a security interest in a specified asset or property that is pledged as collateral for a loan, in case of borrower default.