Consider the Following Sample of Four Measurements {2,5,11,14} $\{5,5,11,14\}$

question 1

Multiple Choice

Consider the following sample of four measurements {2,5,11,14}.Five bootstrap samples of this sample produced the following resamples: {2,5,5,14},{5,11,11,11},{2,11,14,14},{2,2,14,14}, $\{5,5,11,14\}$ .Based on these five resamples,find the bootstrap of the standard error of the sample mean.

• A)0.6452
• B)4.5667
• C)8.6
• D)1.4427
• E)2.0813

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Definitions:

White Water Rafting

an adventurous outdoor activity which involves navigating rivers or waterways with varying degrees of rough water or rapids in a raft.

Unit Cost

The expenditure a business incurs in the production, storage, and distribution of an individual unit of a certain product or service.

Deadweight Loss

A loss of economic efficiency that occurs when the optimal quantity of a good is not produced.

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