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Basic Business Statistics
Exam 1: Introduction
Path 4
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Question 41
Multiple Choice
The estimation of the population average family expenditure on food based on the sample average expenditure of 1,000 families is an example of
Question 42
Short Answer
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. The number of claims a person has made in the last 3 years is an example of a ________ numerical variable.