The average age in a sample of 190 students at City College is 22 . As a result of this sample, it can be concluded that the average age of all the students at City College

a. must be more than 22, since the population is always larger than the sample.
b. must be less than 22, since the sample is only a part of the population.
c. could not be 22.
d. is around 22.


d

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a. True b. False Indicate whether the statement is true or false

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If the ratio of currency to transaction accounts is 2, the ratio of nontransaction accounts to transaction accounts is 5, the ratio of retail money-market funds to transaction accounts is 1, the ratio of required reserves to transaction accounts is 0.08, and the ratio of excess reserves to transaction accounts is 0.02, the M2 multiplier is about

A. 1.43. B. 2.12. C. 2.83. D. 4.25.

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As one standard dictionary puts it, sex is the property or quality by which organisms are classified as female or male on the basis of their reproductive organs and functions.

Answer the following statement true (T) or false (F)

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When estimating a population parameter by using a sample statistic, the ________ is the desired size of the estimating interval. This is the maximum permissible difference between the sample statistic and the population parameter

A) statistic B) precision level C) finite population correction D) parameter

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