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  2. Topic
    Statistics
  3. Study Set
    Elementary Statistics
  4. Exam
    Exam 1: Introduction to Statistics
  5. Question
    Determine Whether the Numerical Value Is a Parameter or a Statistic
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Determine Whether the Numerical Value Is a Parameter or a Statistic

Question 57

Question 57

Essay

Determine whether the numerical value is a parameter or a statistic. Explain your reasoning.
-A recent survey by the alumni of a major university indicated that the average salary of 7500 of its 200,000
graduates was $95,000.

Correct Answer:

verifed

Verified

It describes a stati...

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