Bootstrapping Is Used to Construct an Interval Estimate for the Population

question 168

True/False

Bootstrapping is used to construct an interval estimate for the population mean when you cannot assume that the population is normally distributed,and the sample size is not large enough to apply the Central Limit Theorem.

---

Definitions:

Drink Preferences

Individuals' choices or tastes regarding various types of beverages.

Independence

Refers to a situation in statistical analysis where two variables are not affected by each other's changes.

Null Hypothesis

A hypothesis in statistics that suggests no significant difference or effect exists in the case under investigation.

Liberal Arts College

An institution of higher learning that emphasizes a broad undergraduate education, focusing on the liberal arts disciplines such as humanities, arts, sciences, and social sciences.