A Random Sample of 121 Automobiles Traveling on an Interstate

question 125

Multiple Choice

A random sample of 121 automobiles traveling on an interstate showed an average speed of 65 mph. From past information, it is known that the standard deviation of the population is 22 mph. The 95 percent confidence interval for μ is determined as (61.08, 68.92) . If we are to reduce the sample size to 100 (other factors remain unchanged) , the 95 percent confidence interval for μ would:

• A) become wider.
• B) become narrower.
• C) be the same.
• D) be impossible to determine.

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Definitions:

Self-Identification

The process by which an individual defines or categorizes themselves according to their own perception of gender, race, beliefs, or affiliation.

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The additional expenditure on goods or services that accompanies the use or consumption of a primary product.

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The process of creating goods or services by combining various resources, including labor, raw materials, and technology.

3M Model

A framework in marketing used to guide the development of messaging and communication strategies based on three fundamental elements: Market, Message, and Medium.