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    Business Statistics Study Set 1
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    Exam 7: Introduction to Sampling Distributions
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    Suppose the Mean Balance of Checking Accounts at Regions Bank
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Suppose the Mean Balance of Checking Accounts at Regions Bank

Question 118

Question 118

True/False

Suppose the mean balance of checking accounts at Regions Bank is known to be $4320. A random sample of 10 accounts yields a total of $41,490. This means the sampling error is -$171.

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