& 6.2 K Question 14 of 17 This quiz: 17 point(s) possible This question: 1 point(s) possible Submit quiz From a random sample of 46 business days, gold prices had a mean of $1388.53. Assume the population standard deviation is $202.40. This creates a 90% confidence interval for the population mean of ($1339.44, $1437.62). Does it seem possible that the population mean could equal the sample mean exactly? Explain. Choose the correct answer below. OA. It is possible because the sample mean is outside of the confidence interval. OB. It is possible because the margin of error is small enough that the odds of selecting an exact value is not unlikely. OC. It is not possible because the sample mean is inside of the confidence interval. OD. It would be very unlikely because the margin of error is large enough that the odds of selecting an exact value is very low. F2 #3 X Q Search F4 F5 4 14 $ E R O+ F6 F7 F8 화 F9 49 % 205 6 Y & 27 * 00 ୪ D F10 F11 9 C H J K V B N M P F12 园 百益 S { r Next 零面 4:48 PM 3/18/2024 Delete Insert PrtSc L +11 ? Backspace 11/4 Num Lock 7 Enter PgUp Home 享 PRE 8 00 * LO 144 6 PgUp 2 Shift 3 End Alt Ctrl Home PgDn End

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From a random sample of 46 business days, gold prices had a mean of $1388.53. Assume the population standard deviation is $202.40. This creates a 90% confidence
interval for the population mean of ($1339.44, $1437.62). Does it seem possible that the population mean could equal the sample mean exactly? Explain.
Choose the correct answer below.
OA. It is possible because the sample mean is outside of the confidence interval.
OB. It is possible because the margin of error is small enough that the odds of selecting an exact value is not unlikely.
OC. It is not possible because the sample mean is inside of the confidence interval.
OD. It would be very unlikely because the margin of error is large enough that the odds of selecting an exact value is very low.
F2
#3
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4:48 PM
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Delete
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Backspace
11/4
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享
PRE
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End
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Home
PgDn
End
Transcribed Image Text:& 6.2 K Question 14 of 17 This quiz: 17 point(s) possible This question: 1 point(s) possible Submit quiz From a random sample of 46 business days, gold prices had a mean of $1388.53. Assume the population standard deviation is $202.40. This creates a 90% confidence interval for the population mean of ($1339.44, $1437.62). Does it seem possible that the population mean could equal the sample mean exactly? Explain. Choose the correct answer below. OA. It is possible because the sample mean is outside of the confidence interval. OB. It is possible because the margin of error is small enough that the odds of selecting an exact value is not unlikely. OC. It is not possible because the sample mean is inside of the confidence interval. OD. It would be very unlikely because the margin of error is large enough that the odds of selecting an exact value is very low. F2 #3 X Q Search F4 F5 4 14 $ E R O+ F6 F7 F8 화 F9 49 % 205 6 Y & 27 * 00 ୪ D F10 F11 9 C H J K V B N M P F12 园 百益 S { r Next 零面 4:48 PM 3/18/2024 Delete Insert PrtSc L +11 ? Backspace 11/4 Num Lock 7 Enter PgUp Home 享 PRE 8 00 * LO 144 6 PgUp 2 Shift 3 End Alt Ctrl Home PgDn End
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