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A University Wants to Know the Average Yearly Salary of Its

Question 39

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A university wants to know the average yearly salary of its alumni ten years after graduation. It has a list of all alumni who graduated ten years ago and writes to each one, asking for information about annual salary. Suppose that 40%40 \% of the alumni respond to this invitation.
-Describe (in words) the parameter of interest.

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The parameter is the...

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