Question
Suppose you are reading a news article discussing bank-fraud victimization. The report features the story of one victim who was 38 years old when she
Suppose you are reading a news article discussing bank-fraud victimization. The report features the story of one victim who was 38 years old when she discovered her bank account had been compromised and her money had been stolen. Because you are familiar with the National Crime Victimization Survey's Identity Theft Supplement, you know that the mean age of bank-fraud victims is 43.22, with s = 13.86. Based on this, is the victim in the report typical of bank-fraud victims in terms of age? How do you know? Do you trust that her experiences are representative of other bank-fraud victims? Explain your answer.
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