If You Intend to Use a Sample as an Estimate

question 6

Multiple Choice

If you intend to use a sample as an estimate of a population parameter, which standard deviation is the best to calculate?

• A) biased
• B) unbiased
• C) squared deviation
• D) mean deviation

---

Definitions:

Gilded Age

A term used to describe the late 19th century in the United States, a period marked by rapid economic growth, technological innovation, and ostentatious wealth, often accompanied by widespread social inequalities and corruption.

Mark Twain

An American author and humorist best known for his novels "The Adventures of Tom Sawyer" and its sequel "The Adventures of Huckleberry Finn."

Global Migrations

The movement of populations across the globe, often involving the relocation of individuals or groups from one country to another for reasons such as employment, safety, or socio-economic improvement.

Global Markets

The worldwide economic arena that allows for the buying, selling, and trading of goods and services across national borders.