A Local Bank Has 1,400 Checking Account Customers

question 68

True/False

A local bank has 1,400 checking account customers. Of these, 1,020 also have savings accounts. A sample of 400 checking account customers was selected from the bank of which 302 also had savings accounts. The sampling error in this situation is .0264.

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Definitions:

Bobo Doll

An experiment that demonstrated how children can learn aggressive behaviors through the observation of adult behavior.

Bandura

Albert Bandura is a psychologist known for his work in social learning theory and for proposing the concept of self-efficacy.

Internal Locus of Control

A psychological characteristic where a person believes they have control over the events in their life, as opposed to external forces.

External Locus of Control

A belief that outcomes in one's life are controlled by external forces or fate, rather than one's own efforts or actions.