A Random Sample of 100 People Was Selected from a Population

question 112

True/False

A random sample of 100 people was selected from a population of customers at a local bank. The mean age of these customers was 40. If the population standard deviation is thought to be 5 years, the margin of error for a 95 percent confidence interval estimate is .98 year.

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Definitions:

Personality Inventories

Standardized assessments designed to evaluate various aspects of a person's personality traits and characteristics.

Objectivity

The quality of being unbiased, unprejudiced, and based on facts rather than feelings or opinions.

Characteristic Patterns

Distinctive behaviors, thoughts, or emotions that are typical for an individual or group, often forming a recognizable profile.

Disposition

A person's inherent qualities of mind and character, influencing how they think, feel, and behave.