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Question
The following values represent the population of home mortgage interest rates (in percents) being charged by the banks in a particular city:
| 6.9 | 7.5 | 6.5 | 7 | 7.3 | 6.8 | 6.5 |
| 7 | 7 | 7.2 | 7.5 | 7.8 | 6 | 7 |
Given this information, what would the sampling error be if a sample including the seven values in the top row were used to compute the sample mean?
A) Approximately 6.93
B) About 0.56
C) Approximately -0.07
D) About 0.07
Answer
This answer is hidden. It contains 10 characters.
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