Question: Example 3 Determine what the key terms refer to in the following study. A mob boss wants to determine the proportion of people in Las

Example 3

Determine what the key terms refer to in the following study.

A mob boss wants to determine the proportion of people in Las Vegas who lost money betting on Super Bowl LIII. By contacting random bookies, he was able to determine the bets of four hundred individuals.

What is the population?

What is the sample?

What is the parameter?

What is the statistic?

What can the variable X be defined as?

What is the data?

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