The Table Shows the End-Of-The-Month Checking Account Balance of a Statistics

question 26

Multiple Choice

The table shows the end-of-the-month checking account balance of a statistics teacher for the months January 1999 through December 1999 as determined by the closing balance on the last banking day of the month. The balance is rounded to the nearest dollar.
$$\begin{array} { l l l l l l l l l l l l } \text { Jan } & \text { Feb } & \text { Mar } & \text { Apr } & \text { May } & \text { Jun } & \text { Jul } & \text { Aug } & \text { Sep } & \text { Oct } & \text { Nov } & \text { Dec } \\\hline 1112 & 1356 & 1627 & 1936 & 1743 & 1481 & 1490 & 1340 & 1139 & 910 & 700 & 500\end{array}$$ Which time series line chart represents the data?

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Definitions:

Confidence Level

The probability that a confidence interval captures the true parameter value in repeated samples or experiments.

Population Parameter

A value that represents a characteristic of an entire population, such as its mean or standard deviation, often estimated from a sample.

Confidence Interval

A selection of numerical values, culled from sample data, likely to hold within it the value of an unrevealed population parameter.

Population Mean

The average of all the data points in a population, representing the central tendency of the entire population's values.