Ready to test your Knowledge?
Try out our new practice tests completely free!
exam preparation banner icon
Solved

Refer to the Following Paragraph to Answer the Questions Below

arrowarrow
Question 7
Multiple Choice
arrowQuestion 7arrow
Multiple Choice

Refer to the following paragraph to answer the questions below.
The Young Children's Charity would like to provide an accurate estimate of how much it costs to raise a child between the ages of 2 and 12 for its fund raising campaign. They contracted with you to find out how much households spent on raising a child in 1996. They gave you a list all 400,000 residential telephone customers in the area they will operate the campaign. You sampled every 400th address on the list. The Charity will have a survey company contact each household sampled and ask whether or not there is a child between 2 and 12 years of age living in the household. If there is, they will ask other questions and record the total amount spent raising a child during 1996.
-According to the central limit theorem used in inferential statistics


A) the bigger your sample, the better your results.
B) the best estimate of population parameters comes when one uses the inverse square of the z-probability distribution.
C) if you draw many random samples, the samples form a normal curve with the highest point of the distribution equal to the population parameter.
D) 90 percent of all samples drawn in a simple random manner will contain some error.

Choose question tag
close menu

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.

Psychology

Explore our library and get Research Methods and Statistics Homework Help with various study sets and a huge amount of quizzes and questions

Get Free Access Now!
Textbook Solutions
Textbook Solutions

Find all the solutions to your textbooks, reveal answers you would’t find elsewhere

Find Solutions
Search By Image
Search By Image

Scan any paper and upload it to find exam solutions and many more

Flashcards
Flashcards

Studying is made a lot easier and more fun with our online flashcards

Find Flashcards