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game items. Using their records, they draw a sample of 10,000 custo each customer's average spending on in-game items. A. Identify the population, sample, parameter, statistic, variable, and example. IV. statistic V. variable

game items. Using their records, they draw a sample of 10,000 custo each customer's average spending on in-game items. A. Identify the population, sample, parameter, statistic, variable, and example. IV. statistic V. variable

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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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. IV. statistic V. variable VI. data
Transcribed Image Text: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. IV. statistic V. variable VI. data
Expert Solution
Introduction

Here we have given scenario of customers spending on game items.

We have to find population,sample,parameter,statistic, variable and data

But first we will see their definition one by one.

Populations could represent the entire collection of all comparable items that are present.

A sample is a more compact group of people chosen to represent the entire population.

A parameter is a attribute of a population whereas A statistic is a attribute of sample.

A property that can be measured and given different values is known as a variable.

Measurements or observations that are recorded as a source of information are known as data

 

 

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