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A study was done to determine if students learn better in an online basic statistics class versus a traditional face-to-face (f2f) course.A random sample of 12 students in an online course and 15 students in an f2f course was taken.The scores (out of 100) on the final exam of both groups are shown below. The standard error for the mean of the online group is _____.
Consumption
The use of goods and services by households, one of the primary components that determine the overall level of economic activity in an economy.
Billion
A numerical value represented as 1,000 million (1,000,000,000) in the short scale, commonly used in financial and demographic statistics.
MPS
The marginal propensity to save, which is the proportion of an additional unit of income that is saved rather than spent.
Induced Consumption
Consumer spending that increases as disposable income rises, and decreases as disposable income falls.
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