A recent survey by the Government of South Africa indicated that the average salary of 8,500 of

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A recent survey by the Government of South Africa indicated that the average salary of 8,500 of its 250,000 employees was R123, 000. Does this value describe a population parameter or a sample statistic? Explain your reasoning

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Statistical Techniques in Business and Economics

ISBN: 978-0078020520

16th edition

Authors: Douglas Lind, William Marchal

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Posted Date: Sep 29, 2020 10:01 AM

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A recent survey by the Government of South Africa indicated that the average salary of 8,500 of

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These are population parameters because they are related t... View the full answer

Statistical Techniques in Business and Economics

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