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A. Identify the population, sample, parameter, statistic, variable, and data for this example. I. Population II. Sample III. parameter

A. Identify the population, sample, parameter, statistic, variable, and data for this example. I. Population II. Sample III. parameter

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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**Transcription for Educational Website:** --- **1. EA Sports is interested in how much money, on average, their customers spend on in-game items. Using their records, they draw a sample of 10,000 customers and calculate each customer's average spending on in-game items.** **A. Identify the population, sample, parameter, statistic, variable, and data for this example.** I. Population II. Sample III. Parameter --- **Explanation:** This text is part of a statistics educational exercise focusing on identifying key statistical concepts in a real-world context: - **Population** refers to the entire group of individuals or instances about whom we seek information; in this case, all EA Sports customers. - **Sample** is a subset of the population that is used to gather data; here, the sample consists of 10,000 EA Sports customers. - **Parameter** is a numerical summary of a population. - **Statistic** is a numerical summary of a sample, calculated for inferential purposes. - **Variable** is the characteristic or measurement of interest; in this scenario, it's the average spending on in-game items. - **Data** are the collected measurements or observations about the variable from the sample.
Transcribed Image Text:**Transcription for Educational Website:** --- **1. EA Sports is interested in how much money, on average, their customers spend on in-game items. Using their records, they draw a sample of 10,000 customers and calculate each customer's average spending on in-game items.** **A. Identify the population, sample, parameter, statistic, variable, and data for this example.** I. Population II. Sample III. Parameter --- **Explanation:** This text is part of a statistics educational exercise focusing on identifying key statistical concepts in a real-world context: - **Population** refers to the entire group of individuals or instances about whom we seek information; in this case, all EA Sports customers. - **Sample** is a subset of the population that is used to gather data; here, the sample consists of 10,000 EA Sports customers. - **Parameter** is a numerical summary of a population. - **Statistic** is a numerical summary of a sample, calculated for inferential purposes. - **Variable** is the characteristic or measurement of interest; in this scenario, it's the average spending on in-game items. - **Data** are the collected measurements or observations about the variable from the sample.
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