The mean weekly earnings of all employees of a company are $822. The mean weekly earnings of a random sample of 25 employees selected from this company is $837. The difference ($837 - $822 = $15) is the: A) probability error C) sampling error B) nonsampling error D) population error

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.