The Following Values Represent the Population of Home Mortgage Interest

question 109

Multiple Choice

The following values represent the population of home mortgage interest rates (in percents) being charged by the banks in a particular city: Given this information, what is the most extreme amount of sampling error possible if a random sample of n = 3 banks is surveyed and the mean loan rate is calculated?

• A) About -0.40 percent
• B) About 0.13 percent
• C) About 0.40 percent
• D) Can't be determined without more information.

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Definitions:

Fusion

The process of combining two or more entities into a single entity, often referring to the merging of atomic nuclei to form a heavier nucleus, releasing energy.

Cell Cortex

Reinforcing mesh of cytoskeletal elements under a plasma membrane.

Plasma Membrane

The plasma membrane is a semi-permeable lipid bilayer that encloses the cytoplasm of a cell, controlling the passage of substances in and out of the cell.

Intermediate Filament

Stable cytoskeletal element of animals and some protists; structurally supports cell membranes and tissues; also forms external structures such as hair.