There are 10 salespeople employed by Midtown Ford. The

Chapter 3, Problem 7E

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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.

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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.

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