Take a Test -Victoria Reid-Google Chrome Secure https://www.mathxl.com/Student/P

Question

Take a Test -Victoria Reid-Google Chrome Secure https://www.mathxl.com/Student/PlayerTest.aspx2testld 182993948&centerwin-yes; ECO 271 Business Statistics I (1) Victoria Reid & 7/1/18 8:33 PM est: Exam- Midterm Time Limit: 02:00:00 Submit Test his Question: 4 pts lot 17 (o complete) ? This Test: 100 pts possible According to the u s Bureau of Labor Statistics, the annual percentage increase iu s college tuition and fees in 1995 was 6 0%, in 1999 it was 4 0% andin 2004 t was 9 5%. Are these percentages statistics or parameters? Explain Choose the correct answer below ? A. These percentages are parameters since they come from a sample of all U S colleges O B. These percentages are statistics since they would include all us colleges C. These percentages are parameters since they would include al U S colleges These percentages are statistics since they come from a sample of all U.S collages

Explanation / Answer

A parameter describes population, such as a proportion or a percentage. A Statistics is a random sample data without use of population or parameters.

These percentages are parameters since they would include all US colleges.

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.