Multiple Choice
A random sample of 500 reports an average yearly income of $42,000 with a standard deviation of $1000.An estimate of the parameter at the 95% level is about $175 wide.In this research situation,
A) we can be 95% confident that the population mean is 42,000 175.
B) the sample size is much too small to justify the use of estimation procedures.
C) the alpha level is 1000.
D) the sample mean is $175.
Correct Answer:

Verified
Correct Answer:
Verified
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