The Standard Deviation of a Sample of 100 Elements Taken

question 56

Multiple Choice

The standard deviation of a sample of 100 elements taken from a very large population is determined to be 60. The variance of the population

• A) cannot be larger than 60.
• B) cannot be larger than 3600.
• C) must be at least 100.
• D) can be any value greater or equal to zero.

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Definitions:

Market Revolution

A transformative period that reshaped the U.S. economy through advancements in technology, transportation, and communication, linking regional markets into a national economy.

Steamboat

A boat that is propelled by a steam engine, playing a crucial role in the 19th-century development of river and coastal transport.

Commerce

The activity of buying and selling goods and services, especially on a large scale, involving transportation, finance, and marketing.

Transcontinental Railroad

The railway system that connected the eastern and western parts of the United States, completed in 1869, facilitating widespread economic growth and settlement.