Georgeanne Calculated Descriptive Statistics for the Age of Residents in a Nursing

question 159

Multiple Choice

Georgeanne calculated descriptive statistics for the age of residents in a nursing home.She reported the mean age as 75 years,with a standard deviation of 10 years.Later she found that she had made an error in her calculations.One resident's age was entered as 27 when it should have been 72.When this correction is made

• A) the standard deviation for the data set will decrease.
• B) the standard deviation for the data set will not change.
• C) the standard deviation for the data set will increase.
• D) the correlation coefficient for the data set will become negative.

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Definitions:

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A provisional or short-term insurance policy providing limited benefits until a more permanent insurance arrangement is implemented.

Insurance Company

An organization that offers risk management in the form of insurance policies to individuals and businesses, compensating for losses in return for premiums.

Coinsurance Clause

A clause in an insurance contract that encourages property owners to insure their property for an amount as close to full value as possible. If the owner insures the property up to a specified percentage—usually 80 percent—of its value, she or he will recover any loss up to the face amount of the policy.

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A type of property insurance that covers damage or loss to a property due to fire.