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

question 102

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 8-16,95% of the stores have sold between 5.623 and 6.377 lawnmowers.

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Definitions:

National Government Supremacy

The principle that the federal or national government has predominant power and authority over regional or state governments, especially in legislative matters.

Commerce Among States

The regulation of trade and business across state lines, often governed by federal law in contexts such as the United States.

Gibbons v. Ogden

A landmark Supreme Court case in 1824 that clarified the scope of the U.S. Congress's legislative power over interstate commerce.

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The power of courts to assess whether a law, policy, or executive action is in conflict with the Constitution.