true and false only. - Part V True or False After deciding...

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Part VTrue or False After deciding on F/T, please explain your answers in a line or 2. For example, if your answer to question one was as follow: Answer: False, then explain your answer in this manner: A population includes all possible observations; a sample is a subset of a population ]. 26 . A sample is the complete set of items in which an investigator is interested. True False: A population includes all possible observations; a sample is a subset of a population 27 . Statistical thinking can be defined as thought processes that focus on ways to reduce variation. True” Statistical thinking is a method of analysis that deals with analyzing variation. False 28 . In a simple random sample, every possible sample of n objects is equally likely to be chosen. True: For simple random samples each object has the same chance of being chosen False 29 . Managers need an understanding of statistics to be able to present and describe information accurately, draw conclusions about large populations based on small samples, improve processes, and make reliable forecasts.
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