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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Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

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Question Posted: May 28, 2018 07:22 AM

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Statistical Techniques in Business and Economics

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