Estimating the Mean from Grouped Data Will Tend to Be

question 50

Multiple Choice

Estimating the mean from grouped data will tend to be most accurate when:

• A)observations are distributed uniformly within classes.
• B)there are few classes with wide class limits.
• C)the sample is not very large and bins are wide.
• D)the standard deviation is large relative to the mean.

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Definitions:

Real Property

Land and anything permanently attached to it, such as buildings and trees.

Earth's Crust

The outermost layer of the Earth, composed of solid rocks and minerals, which varies in thickness and composition between the oceanic and continental crust.

Tangible Property

Physical assets that can be seen, touched, and valued, such as real estate, equipment, or goods.

Perennial Vegetation

Plants that live for more than two years, providing long-term coverage and stability to the area in which they are grown, often used in sustainable agriculture and landscaping.