Suppose 65% of All College Students Have a Laptop Computer

question 64

Multiple Choice

Suppose 65% of all college students have a laptop computer at home and a sample of 150 students is taken. The mean of the sampling distribution of is

• A) 0.65.
• B) 6.5.
• C) 97.5.
• D) 0.975.
• E) 15.0.

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Definitions:

Posterior Probabilities

The probabilities updated in light of new evidence, reflecting the likelihood of events after taking into account the known data.

Prior Probabilities

The probabilities of events based on prior knowledge before any new evidence is considered.

Likelihood Probabilities

The probabilities that quantify the plausibility of different parameter values for a statistical model given the observed data.

Posterior Probabilities

The probabilities that are adjusted after taking into account known or observed evidence, particularly in the context of Bayesian inference.