A sample of 50 UNR students was randomly selected. A question asked was about annual cost of driving a car and 50 numbers were collected. (Have you ever calculated how much costs you to drive your vehicle annually? The costs should include DMV registration, insurance, gas ( weekly cost times 52), parking, repair and maintenance, tickets/fines, and depreciation. If you have not, find it out. Often, the number is much higher than what you would think.) The sample variance a. should equal to the population variance. b. would change depending on the students included in the sample. c. should be smaller than the sample mean. d. should be smaller than the sample standard deviation. Ĉ 26. A sample of 50 UNR students was randomly selected. A question asked was about annual cost of driving a car and 50 numbers were collected. (Have you ever calculated how much costs you to drive your vehicle annually? The costs should include DMV registration, insurance, gas (weekly cost times 52), parking, repair and maintenance, tickets/fines, and depreciation. If you have not, find it out. Often, the number is much higher than what you would think.) The sample variance a. should equal to the population variance. b. would change depending on the students included in the sample. c. should be smaller than the sample mean. d. should be smaller than the sample standard deviation.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
A sample of 50 UNR students was
randomly selected. A question asked was
about annual cost of driving a car and 50
numbers were collected. (Have you ever
calculated how much costs you to drive
your vehicle annually? The costs should
include DMV registration, insurance, gas (
weekly cost times 52), parking, repair and
maintenance, tickets/fines, and
depreciation. If you have not, find it out.
Often, the number is much higher than
what you would think.) The sample
variance a. should equal to the population
variance. b. would change depending on
the students included in the sample. c.
should be smaller than the sample mean.
d. should be smaller than the sample
standard deviation.
Ĉ
26. A sample of 50 UNR students was randomly selected. A question asked was about annual
cost of driving a car and 50 numbers were collected. (Have you ever calculated how much costs
you to drive your vehicle annually? The costs should include DMV registration, insurance, gas
(weekly cost times 52), parking, repair and maintenance, tickets/fines, and depreciation. If you
have not, find it out. Often, the number is much higher than what you would think.) The sample
variance
a. should equal to the population variance.
b. would change depending on the students included in the sample.
c. should be smaller than the sample mean.
d. should be smaller than the sample standard deviation.
Transcribed Image Text:A sample of 50 UNR students was randomly selected. A question asked was about annual cost of driving a car and 50 numbers were collected. (Have you ever calculated how much costs you to drive your vehicle annually? The costs should include DMV registration, insurance, gas ( weekly cost times 52), parking, repair and maintenance, tickets/fines, and depreciation. If you have not, find it out. Often, the number is much higher than what you would think.) The sample variance a. should equal to the population variance. b. would change depending on the students included in the sample. c. should be smaller than the sample mean. d. should be smaller than the sample standard deviation. Ĉ 26. A sample of 50 UNR students was randomly selected. A question asked was about annual cost of driving a car and 50 numbers were collected. (Have you ever calculated how much costs you to drive your vehicle annually? The costs should include DMV registration, insurance, gas (weekly cost times 52), parking, repair and maintenance, tickets/fines, and depreciation. If you have not, find it out. Often, the number is much higher than what you would think.) The sample variance a. should equal to the population variance. b. would change depending on the students included in the sample. c. should be smaller than the sample mean. d. should be smaller than the sample standard deviation.
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