Suppose the mean balance of checking accounts at Regions Bank is ...

[tatyanajohnson]

Suppose the mean balance of checking accounts at Regions Bank is known to be 4320. A random sample of 10 accounts yields a total of 41,490. This means the sampling error is -171.
 
  Indicate whether the statement is true or false

Question 2

A(n) ________ is a forecast statistic that is restricted to fall within a specified lower and upper bound.
 
  A) objective
  B) requirement
  C) decision variable
  D) permutation

[kaillie]

Answer to Question 1

TRUE

Answer to Question 2

B