The Reason Sample Variance Has a Divisor of N −

question 40

True/False

The reason sample variance has a divisor of n − 1 rather than n is that it makes the variance an unbiased estimate of the population variance.

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Definitions:

Trespass to Personal Property

The unlawful taking or harming of another’s personal property; interference with another’s right to the exclusive possession of his or her personal property.

Conversion

The act of wrongfully taking or retaining a person’s personal property and placing it in the service of another.

Wrongful Interference

A legal term referring to the act of intentionally interfering with contractual or business relationships.

Business Relationship

A connection between two or more parties engaged in commercial transactions or activities, based on contractual, statutory, or recognized ethical obligations.