& 6.2 K Question 14 of 17 This quiz: 17 point(s) possible This question: 1 point(s) possible Submit quiz From a random sample of 46 business days, gold prices had a mean of $1388.53. Assume the population standard deviation is $202.40. This creates a 90% confidence interval for the population mean of ($1339.44, $1437.62). Does it seem possible that the population mean could equal the sample mean exactly? Explain. Choose the correct answer below. OA. It is possible because the sample mean is outside of the confidence interval. OB. It is possible because the margin of error is small enough that the odds of selecting an exact value is not unlikely. OC. It is not possible because the sample mean is inside of the confidence interval. OD. It would be very unlikely because the margin of error is large enough that the odds of selecting an exact value is very low. F2 #3 X Q Search F4 F5 4 14 $ E R O+ F6 F7 F8 화 F9 49 % 205 6 Y & 27 * 00 ୪ D F10 F11 9 C H J K V B N M P F12 园 百益 S { r Next 零面 4:48 PM 3/18/2024 Delete Insert PrtSc L +11 ? Backspace 11/4 Num Lock 7 Enter PgUp Home 享 PRE 8 00 * LO 144 6 PgUp 2 Shift 3 End Alt Ctrl Home PgDn End

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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From a random sample of 46 business days, gold prices had a mean of $1388.53. Assume the population standard deviation is $202.40. This creates a 90% confidence
interval for the population mean of ($1339.44, $1437.62). Does it seem possible that the population mean could equal the sample mean exactly? Explain.
Choose the correct answer below.
OA. It is possible because the sample mean is outside of the confidence interval.
OB. It is possible because the margin of error is small enough that the odds of selecting an exact value is not unlikely.
OC. It is not possible because the sample mean is inside of the confidence interval.
OD. It would be very unlikely because the margin of error is large enough that the odds of selecting an exact value is very low.
F2
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3/18/2024
Delete
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PrtSc
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?
Backspace
11/4
Num
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7
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PgUp
Home
享
PRE
8
00
*
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3
End
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Home
PgDn
End
Transcribed Image Text:& 6.2 K Question 14 of 17 This quiz: 17 point(s) possible This question: 1 point(s) possible Submit quiz From a random sample of 46 business days, gold prices had a mean of $1388.53. Assume the population standard deviation is $202.40. This creates a 90% confidence interval for the population mean of ($1339.44, $1437.62). Does it seem possible that the population mean could equal the sample mean exactly? Explain. Choose the correct answer below. OA. It is possible because the sample mean is outside of the confidence interval. OB. It is possible because the margin of error is small enough that the odds of selecting an exact value is not unlikely. OC. It is not possible because the sample mean is inside of the confidence interval. OD. It would be very unlikely because the margin of error is large enough that the odds of selecting an exact value is very low. F2 #3 X Q Search F4 F5 4 14 $ E R O+ F6 F7 F8 화 F9 49 % 205 6 Y & 27 * 00 ୪ D F10 F11 9 C H J K V B N M P F12 园 百益 S { r Next 零面 4:48 PM 3/18/2024 Delete Insert PrtSc L +11 ? Backspace 11/4 Num Lock 7 Enter PgUp Home 享 PRE 8 00 * LO 144 6 PgUp 2 Shift 3 End Alt Ctrl Home PgDn End
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