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1) The following values represent the population of home mortgage interest rates (in percents) being charged by the banks in a particular city: Given this
1) The following values represent the population of home mortgage interest rates (in percents) being charged by the banks in a particular city: Given this information, what is the most extreme amount of sampling error possible if a random sample of n = 3 banks is surveyed and the mean loan rate is calculated? A) About 0.40 percent B) About 0.13 percent C) About 0.40 percent D) Can't be determined without more information
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