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Suppose 40% of all college students have a computer at home and a sample of 64 is taken. What is the probability that more than 30 of those in the sample have a computer at home?
Population Mean
The average value of all the elements in a population, representing the central tendency of that population.
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, indicating how much the values in a dataset deviate from the mean.
Confidence Interval
An estimated range of values calculated from sample data that is likely to include the true parameter of the whole population with a certain level of confidence.
Population Mean
The average value of all members of a total population.
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