A wedding photographer made $500 on average in the 5 years it has been operational. A sample of 12 months were analyzed and it was found that he made an average of $620. i. Does the value $500 refer to the parameter or to the statistic? ii. Is the value $620 a parameter or a statistic?
A wedding photographer made $500 on average in the 5 years it has been operational. A sample of 12 months were analyzed and it was found that he made an average of $620. i. Does the value $500 refer to the parameter or to the statistic? ii. Is the value $620 a parameter or a statistic?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter1: Variables, Expressions, And Integers
Section1.8: The Coordinate Plane
Problem 28E
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A wedding photographer made $500 on average in the 5 years it has been operational. A sample of 12 months were analyzed and it was found that he made an average of $620.
i. Does the value $500 refer to the parameter or to the statistic?
ii. Is the value $620 a parameter or a statistic?
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