Drawing one random sample from a particular population of scores
a. will always produce statistics equal to population parameters.
b. will always result in a distribution that is exactly the same shape as that of the population.
c. can never produce statistics that equal the population parameters.
d. allows us to make inferences about the corresponding population parameters.
e. a), b), and d) are all correct.
Ans: d
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What will be an ideal response?
Ania is a nontraditional student starting classes in a new field after being laid off from her position as a retail sales manager. She is a wife and mother of two children. She and her husband have not taken out student loans before, and they are concerned about the costs of paying for her schooling while they are trying to save for retirement and their children's schooling on one salary. They have a meager savings account but significant retirement savings and have been contributing to their children's college fund. They also have credit card debt they had been paying off in large lump sums until Ania lost her job. Given Ania's situation, what would be your advice to her in managing the family's financial resources and loan to pay for school? Use at least five resources and/or strategies
from the chapter to support your answer. What will be an ideal response?