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Why a Parameter? Given the results described in Exercise

Chapter 5, Problem 4BSC

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QUESTION:

Why a Parameter? Given the results described in Exercise 3, is the mean of 140.0 executives expressed with \(\mu \text { or } x^{-}\) ? Explain why the mean of 140.0 executives is a parameter instead of a statistic.

Equation Transcription:

Text Transcription:

\mu  or  x^-

Questions & Answers

QUESTION:

Why a Parameter? Given the results described in Exercise 3, is the mean of 140.0 executives expressed with \(\mu \text { or } x^{-}\) ? Explain why the mean of 140.0 executives is a parameter instead of a statistic.

Equation Transcription:

Text Transcription:

\mu  or  x^-

ANSWER:

Answer :

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