Insurance companies are interested in the average health costs each year for their clients, so that they can determine the costs of health insurance. Match the vocabulary word with its corresponding example. | The list of the 400 annual health care costs for the clients that the insurance company include in the study ) The cost each year for health care The 400 clients that the insurance company included in this study All of the insurance company's clients | The average health care cost each year for the 400 clients that the insurance company included in this study ) The average health care cost each year for all of the insurance company's clients

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
icon
Related questions
Topic Video
Question
100%
Insurance companies are interested in the average health costs each year for their clients, so that
they can determine the costs of health insurance. Match the vocabulary word with its
corresponding example.
| The list of the 400 annual health care costs for the clients that the insurance
company include in the study
|The cost each year for health care
| The 400 clients that the insurance company included in this study
All of the insurance company's clients
| The average health care cost each year for the 400 clients that the insurance
company included in this study
| The average health care cost each year for all of the insurance company's
clients
a. Data
b. Sample
c. Statistic
d. Parameter
e. Population
f. Variable
Transcribed Image Text:Insurance companies are interested in the average health costs each year for their clients, so that they can determine the costs of health insurance. Match the vocabulary word with its corresponding example. | The list of the 400 annual health care costs for the clients that the insurance company include in the study |The cost each year for health care | The 400 clients that the insurance company included in this study All of the insurance company's clients | The average health care cost each year for the 400 clients that the insurance company included in this study | The average health care cost each year for all of the insurance company's clients a. Data b. Sample c. Statistic d. Parameter e. Population f. Variable
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax