Solution Found!
There are 10 salespeople employed by Midtown Ford. The
Chapter 3, Problem 7E(choose chapter or problem)
(a) compute the arithmetic mean and
(b) indicate whether it is a statistic or a parameter.
There are 10 salespeople employed by Midtown Ford. The number of new cars sold last month by the respective salespeople were: 15, 23, 4, 19, 18, 10, 10, 8, 28, 19.
Questions & Answers
QUESTION:
(a) compute the arithmetic mean and
(b) indicate whether it is a statistic or a parameter.
There are 10 salespeople employed by Midtown Ford. The number of new cars sold last month by the respective salespeople were: 15, 23, 4, 19, 18, 10, 10, 8, 28, 19.
ANSWER:Step 1 of 3
The number of new cars sold last month by the respective salespeople were given.
15 |
23 |
4 |
19 |
18 |
10 |
10 |
8 |
28 |
19 |
(a) We have to compute the arithmetic mean.
(b) We have to indicate whether arithmetic mean is a statistic or a parameter.