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? [2] ii. Does the value 8% refer to the parameter or to the statistic? [1] 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? [2] ii. Does the value 8% refer to the parameter or to the statistic? [1] 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
Section10.1: Measures Of Center
Problem 9PPS
Related questions
Question
100%
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? [2]
ii. Does the value 8% refer to the parameter or to the statistic? [1]
iii. Is the value 6.5% a parameter or a statistic?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 3 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill