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When a Sample Mean Is Different from the Mean of the Sampling

question 52

Multiple Choice

When a sample mean is different from the mean of the sampling distribution (the population mean) ,two alternatives must be considered: The sample mean may represent _____,or it may represent _____.


Definitions:

Note

A legal document that represents a type of debt or an obligation to pay an amount of money at a future date.

Cashier's Check

A check issued by a bank, drawn on its own funds rather than the account of a private individual, offering a high level of guarantee of payment.

Bank

A banking entity authorized to accept deposits, extend credit, and offer diverse financial services to both private individuals and commercial entities.

Authorization to Confess Judgment

A legal provision where a debtor gives a creditor the right to enter a judgment against them without trial if they fail to meet the terms of an agreement.

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