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You are interested in purchasing a new car. One of the many points you wish to consider is the resale value of the car after 5 years. Since you are particularly interested in a certain foreign sedan, you decide to estimate the resale value of this car with a 99% confidence interval. You manage to obtain data on 17 recently resold 5-year-old foreign sedans of the same model. These 17 cars were resold at an average price of $12,380 with a standard deviation of $800. What is the 99% confidence interval for the true mean resale value of a 5- year-old car of this model? A)
B)
C)
D)
Projection
A defense mechanism where individuals attribute their own unacceptable thoughts, feelings, and motives to another person.
Displacement
A defense mechanism where an individual shifts emotional impulses from an undesirable object or person to a more acceptable one.
Regression
A statistical method used to model the relationship between a dependent variable and one or more independent variables.
Reaction Formation
A defense mechanism in which an individual unconsciously replaces threatening inner wishes and fantasies with an exaggerated version of the opposite.
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