A Sample of 100 Students Is Selected from a Known

question 49

Multiple Choice

A sample of 100 students is selected from a known population of 1,000 students to construct a 95% confidence interval for the average SAT score. What correction factor should be used to compute the standard error?

• A)0.949
• B)0.901
• C)1.96
• D)Cannot be determined

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Definitions:

Stereotype

A fixed, oversimplified image or idea of a particular type of person or thing, often based on limited information and used to categorize individuals or groups.

Expected Value

A calculated average outcome of a probabilistic event, quantifying the expectation of an event's outcome as a single numerical value.

Lottery Ticket

A slip of paper or digital token used in a lottery game where players select numbers or symbols hoping to match a draw for monetary or other prizes.

Structuring Decision

Involves organizing and prioritizing decision-making factors and criteria to make complex decisions more manageable.