In a Sample of 20 Participants,a Researcher Estimates the 95

question 12

Multiple Choice

In a sample of 20 participants,a researcher estimates the 95% CI for a sample with a mean of M = 5.4 and an estimated standard error ( ) of 1.6.What is the lower confidence limit for this interval?

• A)2.1
• B)3.8
• C)7.0
• D)8.8

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Definitions:

Lottery

A form of gambling involving the drawing of numbers at random for a prize.

Annuity

A financial instrument that provides a regular sequence of payments to a person, mainly serving as a source of income for those who have retired.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Withdraw

To withdraw means to remove funds from an account or investment, or to take back an offer or statement.