The Interval Estimate 18 $\pm$ 25 Was Developed for a Population Mean When the Sample

question 36

True/False

The interval estimate 18.5 $\pm$
2.5 was developed for a population mean when the sample standard deviation s was 7.5.Had s equaled 15,the interval estimate would be 37 $\pm$
5.0.

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Definitions:

Units

A standard or basic quantity into which an item of supply is divided, issued, or used.

Clothing

Garments and articles worn on the body, typically made from fabric or textiles.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford given their income and the prices of goods and services.

Income

The sum of all a household’s wages, salaries, profits, interest payments, rents, and other forms of earnings in a given period of time. It is a flow measure.