If a Population Is Known to Be Normally Distributed,then It $\sigma$

question 57

True/False

If a population is known to be normally distributed,then it follows that the sample standard deviation s must equal the population standard deviation $\sigma$ .

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Definitions:

Nondiscriminating Monopolist

A monopolist that charges the same price to all consumers for its product, instead of setting different prices for different customers.

Demand Schedule

A chart displaying the amounts of a product or service that buyers are prepared and able to buy at different price levels.

Production Costs

The expenses involved in the process of producing goods or services, including raw materials, labor, and overhead costs.

Pure Monopolist

A single seller in a market that produces a unique product or service without close substitutes.