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Author Question: Suppose the mean balance of checking accounts at Regions Bank is known to be 4320. A random sample ... (Read 61 times)

tatyanajohnson

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on: Jun 24, 2018
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
Statistics, Data Analysis, and Decision Modeling ¦ Evans ¦ 5th Edition
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kaillie

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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