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

question 63

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 drawn from the population of 1,000 stores,95% of the sample means will fall between 5.623 and 6.377 lawnmowers.

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Definitions:

System Justification

A theory that suggests people have a psychological need to view existing social, economic, and political systems as fair, legitimate, and justified.

Ingroup Bias

The inclination to prefer individuals from one's own group over those from outside groups.

Collective Action

Efforts by groups to resist and change the status quo in the service of group goals.

Individual Mobility

The ability of an individual to move within or between social strata in a society.