Mathematics
Mathematics, 08.10.2020 01:01, daniel1480

A polling organization asked a nation-wide random sample of 1600 new brides (those who got married in the past 2 years) the following question: "How much money did your wedding cost?" The sample average was about $20,000 with a SD of about $5,000. What most closely resembles the relevant box model? Incorrect It has 1600 tickets marked with "0"s and "1"s. Correct: It has millions of tickets. On each ticket is written a number a dollar amount. The exact average and SD are unknown but are estimated from the sample to be $20,000 and $5,000 respectively. Incorrect It has millions of tickets. The average of the tickets is exactly $20,000 and the SD is exactly $5,000. Incorrect It has millions of tickets marked with "0"s and "1"s, but the exact percentage of each is unknown.

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A polling organization asked a nation-wide random sample of 1600 new brides (those who got married i...

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