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5 votes
Is a sample mean within $1.00 of the population mean considered:

A) Unusual
B) Common
C) Impossible to determine
D) Irrelevant

1 Answer

1 vote

Final answer:

A sample mean within $1.00 of the population mean is considered common.

Step-by-step explanation:

The correct answer is B) Common.

A sample mean within $1.00 of the population mean is considered common.

The statement that approximately 90 percent of confidence intervals calculated from repeated samples would contain the true value of the population mean supports this.

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User Okan
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