A Researcher Reports That "The Average Shopper in the Sample $\mu$

question 15

Multiple Choice

A researcher reports that "the average shopper in the sample (n = 12) purchased $65.00 worth of items ( $\mu$ = $65.00) during a busy shopping day." What mistake was made is this citation?

• A)None;this citation is written appropriately.
• B)The sample mean is written using the wrong notation.
• C)The sample size is written using the wrong notation.
• D)both B and C

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Definitions:

Dividend Paid

The amount distributed by a corporation to its shareholders from its earnings based on the number of shares each shareholder owns.

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.

Dividend Paid

Dividend Paid refers to the amount of earnings distributed by a corporation to its shareholders as a reward for their investment.

Preferred Stock

A type of stock issued by corporations, which gives holders a right to share in earnings and liquidation before common shareholders do.