CB: The manager can expect from 150 to 650 shipments to be incorrect. Question Q

Question

CB: The manager can expect from 150 to 650 shipments to be incorrect. Question Question 10 (multiple choice) The owners of a national magazine want to know the average income of their 50,000 magazine subscribers. They draw a random sample of 150 subscribers and determine nt to know the average income of their 50,000 m agazine subscribers that their average income is $32,000 This situation demonstrates which of the following? Select the answer that is completely correct parameter. The owner collects information about the entire population. O The situation describes a O The situation describes a statistic. O The situation describes a statistic. The owner collects information about the entire population. O The situation describes a parameter. The owner collects information about a sample of the total population. The owner collects information about a sample of the total population. Question 11 (multiple answer)

Explanation / Answer

A parmeter descibes an enrire polulation.

Statistics describes a sample of total population.

This is statistics because it involves a single sample 150 of the total population.

OPTION B.

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