Which of the Following Is NOT a True Statement About

question 47

Multiple Choice

Which of the following is NOT a true statement about U.S.exports?

• A)Services have become more important part of exports.
• B)The U.S. is the world's second-largest exporter of goods.
• C)Three-fourths of U.S. merchandise exports are manufactured goods.
• D)The manufacturing sector in the U.S. is no longer significant.

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Definitions:

Population Standard Error

A measure of the estimation uncertainty in predicting a population parameter based on a sample statistic.

Confidence Interval

A confidence interval is a range of values derived from sample data that is likely to cover the true value of an unknown population parameter.

Mean

The average of a set of numbers, calculated by adding all the numbers together and dividing by the count of those numbers.

Sampling Error

Differences between statistics calculated from a sample and statistics pertaining to the population from which the sample is drawn due to random, chance factors.