There are 10 salespeople employed by Midtown Ford. The number of new cars sold last month by
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There are 10 salespeople employed by Midtown Ford. The number of new cars sold last month by the respective salespeople were: 15, 23, 4, 19, 18, 10, 10, 8, 28, 19.
(a) compute the arithmetic mean
(b) indicate whether it is a statistic or a parameter.
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
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