A small-town mechanic says that 8% his customers come in for an oil change. When 1000 samples were drawn from his records, it was found that 6.5% of these came in for an oil change. i. What is the target population? ii. Does the value 8% refer to the parameter or to the statistic? iii. Is the value 6.5% a parameter or a statistic?
A small-town mechanic says that 8% his customers come in for an oil change. When 1000 samples were drawn from his records, it was found that 6.5% of these came in for an oil change. i. What is the target population? ii. Does the value 8% refer to the parameter or to the statistic? iii. Is the value 6.5% a parameter or a statistic?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4DGP
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A small-town mechanic says that 8% his customers come in for an oil change. When
1000 samples were drawn from his records, it was found that 6.5% of these came in for
an oil change.
i. What is the target population?
ii. Does the value 8% refer to the parameter or to the statistic?
iii. Is the value 6.5% a parameter or a statistic?
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