SCENARIO 8-16 A Random Sample of 100 Stores from a Large Chain

question 121

True/False

SCENARIO 8-16
A random sample of 100 stores from a large chain of 500 garden supply stores was selected to determine the mean number of lawnmowers sold at an end-of-season clearance sale.The sample results indicated a mean of 6 and a standard deviation of 2 lawnmowers sold.A 95% confidence interval (5.623 to 6.377)was established based on these results.
-Referring to Scenario 8-16,of all possible samples of 100 stores taken from the population of 1,000 stores,95% of the confidence intervals developed will contain the true population mean within the interval.

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Definitions:

Introversion

A personality trait characterized by a preference for solitary activities and inward-focused experiences, as opposed to seeking stimulation from external sources.

Anxiety

An emotion of anxiety or restlessness, often experienced in anticipation of a forthcoming event or due to the unpredictable nature of its result.

Snowball Sampling

A non-probability sampling technique where existing study subjects recruit future subjects from among their acquaintances, thus the sample group appears to grow like a rolling snowball.

Random Assignment

Participants are equally likely to experience the experimental or control condition.