If the Amount of Petrol Purchased Per Car at a Large

question 133

True/False

If the amount of petrol purchased per car at a large petrol station has a population mean of $15 and a population standard deviation of $4 and a random sample of 64 cars is selected,there is approximately a 95.44% chance that the sample mean will be between $14 and $16.

---

Definitions:

Cost Per Thousand

A metric used in advertising to denote the price of 1,000 advertisement impressions on one webpage or in a publication.

Impressions

The number of times an advertisement or any digital content is displayed to users.

Target Audience

A specific group of consumers identified as the intended recipients of a marketing message, based on demographic, psychographic, or behavioral characteristics.

Frequency

The average number of times a person in the target audience is exposed to a message or an advertisement.