SCENARIO 8-16 A Random Sample of 100 Stores from a Large Chain

question 53

True/False

SCENARIO 8-16
A random sample of 100 stores from a large chain of 500 garden supply stores was selected to determine the mean number of lawnmowers sold at an end-of-season clearance sale.The sample results indicated a mean of 6 and a standard deviation of 2 lawnmowers sold.A 95% confidence interval (5.623 to 6.377)was established based on these results.
-Referring to Scenario 8-16,there are 10 possible samples of 100 stores that can be selected out of the population of 1,000 stores.

---

Definitions:

Environmental Events

Occurrences within an ecosystem or environment that can affect the organisms living within it, including natural disasters, pollution, and climate change.

Person-situation Controversy

A debate in psychology about the relative influence of personal traits versus situational factors in governing behavior.

External Influences

Factors outside an individual that can impact their behavior, decisions, or perceptions, such as societal norms, marketing, or environmental conditions.

Inner Influences

Refers to the personal, psychological factors or internal motivations that affect an individual's behavior and decision-making processes.