Asked by Hesam Esmailian on Jul 08, 2024
Verified
A random sample of size 10 produced a sample mean equal to 12 and a standard deviation equal to .15. Based on this information, the upper limit for a 95% confidence interval estimate is approximately 12.107.
Sample Mean
The average value calculated from a sample set of numbers, representing the central point of the data.
Standard Deviation
Standard deviation is a measure of the dispersion or variability in a set of data, quantifying how much individual data points deviate from the mean of the dataset.
- Identify the permissible error in estimating population means using sample information.
Verified Answer
KM
katrease matthewsJul 12, 2024
Final Answer :
True
Explanation :
The upper limit for a 95% confidence interval estimate with a sample size of 10, sample mean of 12, and standard deviation of 0.15 is 12.107, therefore the statement is true.
Learning Objectives
- Identify the permissible error in estimating population means using sample information.
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