Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 1, Problem 24SE

A sample of midterm grades for five students showed the following results: 72, 65, 82, 90, 76. Which of the following statements are correct, and which should be challenged as being too generalized?

  1. a. The average midterm grade for the sample of five students is 77.
  2. b. The average midterm grade for all students who took the exam is 77.
  3. c. An estimate of the average midterm grade for all students who took the exam is 77.
  4. d. More than half of the students who take this exam will score between 70 and 85.
  5. e. If five other students are included in the sample, their grades will be between 65 and 90.
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Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

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