The Population of Incomes in a Community College in Ontario

question 209

True/False

The population of incomes in a community college in Ontario is thought to be highly skewed to the right with a mean equal to $38,765 and a standard deviation equal to $2,640. Based on this information, if a sample of size 36 is selected at random, then the highest sample mean that we would expect to see would be approximately $40,085.

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Definitions:

Economist Amartya Sen

An Indian economist and philosopher, noted for his contributions to welfare economics, social choice theory, and for his work on famine, human development theory, and the underlying mechanisms of poverty.

Famine

Famine is a severe shortage of food, often due to disaster, war, or economic failure, leading to widespread hunger and malnutrition.

Unequal Access

A situation where different groups or individuals have varying levels of access to resources, information, or opportunities, often leading to disparities and inequality.

Sex Ratio

A demographic measure indicating the number of males for every 100 females in a population.