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Question
print-o-matic would like to estimate their mean salary of all employees. to accomplish this they collect the salary of 19 employees. match the following: - all print-o-matic employees - a print-o-matic employee - salary - 19 print-o-matic employees - mean salary for 19 print-o-matic employees - mean salary for all print-o-matic employees a. sample b. individual c. population d. parameter e. statistic f. variable question help: video message instructor
Brief Explanations
- All Print - O - Matic employees are the entire group of interest, so it's the population.
- A single Print - O - Matic employee is an individual within the population.
- Salary is a characteristic that can vary among employees, so it's a variable.
- The 19 Print - O - Matic employees are a subset of the population, thus a sample.
- The mean salary of the 19 employees is calculated from the sample, so it's a statistic.
- The mean salary of all employees is a parameter of the population.
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- all Print - O - Matic employees: c. population
- a Print - O - Matic employee: b. individual
- salary: f. variable
- 19 Print - O - Matic employees: a. sample
- mean salary for 19 Print - O - Matic employees: e. statistic
- mean salary for all Print - O - Matic employees: d. parameter