The Mean Attention Span for Adults in a Certain Village

question 133

Multiple Choice

The mean attention span for adults in a certain village is 15 minutes with a standard deviation of 6.4. If the means of all possible samples of size 30 is taken from this population, will equal _________.

• A) 3.0
• B) 6.4
• C) 0.21
• D) 1.17

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Definitions:

Goods and Services

The physical objects (goods) and intangible benefits (services) that fulfill consumer needs and wants.

Unemployment Rate

The ratio of jobless individuals in the labor force who are not just unemployed but are actively pursuing employment opportunities.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.

Unemployment

The situation when individuals who are capable of working and are actively seeking work but are unable to find employment.