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.

---

Definitions:

Count Data

Refers to data consisting of non-negative integer values that count occurrences of a particular event or condition.

Quantify Responses

To measure or express the amount of responses in numerical terms, often used in survey analysis or research.

Sign Test

A non-parametric test used to determine if there is a median difference between two related samples.

Attitude Test

An assessment designed to determine a person's feelings or opinions about various subjects.