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Asked Dec 31, 2019
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Big-Banks Break-up. Anationwide survey of 1000 U.S. adults, conducted in March 2013 by Rasmussen Reports (eld work by Pulse Opinion Research, LLC), found that 50% of respondents favored a plan to break up the 12 megabanks, which then controlled about 69% of the banking industry.

a. Identify the population and sample for this study.
b. Is the percentage provided a descriptive statistic or an inferential statistic? Explain your answer.

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Expert Answer

Step 1

a)

Population:

Population is defined as the collection of all possibl...

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Advanced Topics in Statistics

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