Answer the following: (a) The standard error in our data sample of men's and women's wages was
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Question:
Answer the following:
(a) The standard error in our data sample of men's and women's wages was smaller than the standard deviation. Explain why this was the case. You do not need actual numbers. [1 pt]
(b) Wheelan gives his example of `Bill Gates walks into a bar', as a wealthy person walking among regular folks, to illustrate what property of the mean of a distribution? [1 pt]
(c) In a public opinion poll in which Biden was approved by 53 percent of Americans, the pollsters said the margin of error was 3 percent. This means that in repeated trials 95 percent of the time his approval would be between what lower bound (LB) and what upper bound (UP) of approval?
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