Scenario 38-5. Researchers are interested in the height of the average person in San Francisco, California. Using a random sample of 1,000 people, they find that the average height in the sample is 68 inches. Refer to Scenario 38-5. What can you say about the sample and the results of the research? 000 The sample suffers from too much uncertainty. The finding has a huge margin of error. The sample is likely to be representative of the population because of the randomness. The sample is not representative of the population because of the randomness.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Question
Scenario 38-5. Researchers are interested in the height of the average person in San Francisco, California. Using a random sample of 1,000 people, they find that the average height in the sample is 68 inches.
Refer to Scenario 38-5. What can you say about the sample and the results of the research?
000
The sample suffers from too much uncertainty.
The finding has a huge margin of error.
The sample is likely to be representative of the population because of the randomness.
The sample is not representative of the population because of the randomness.
Transcribed Image Text:Scenario 38-5. Researchers are interested in the height of the average person in San Francisco, California. Using a random sample of 1,000 people, they find that the average height in the sample is 68 inches. Refer to Scenario 38-5. What can you say about the sample and the results of the research? 000 The sample suffers from too much uncertainty. The finding has a huge margin of error. The sample is likely to be representative of the population because of the randomness. The sample is not representative of the population because of the randomness.
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