QUESTION 3 A sample of five Fortune 500 companies possessed the following industry codes: banking, banking, finance, retail, and banking. Based on this information, which of the following statements is correct? O a. If five other Fortune 500 companies were chosen, 60% of them would be banking industries. O b. Sixty percent of all Fortune 500 companies are banking industries. OC. Banking is the most common type of industry among all Fortune 500 companies. O d. Sixty percent of the sample of five companies are banking industries.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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QUESTION 3
A sample of five Fortune 500 companies possessed the following industry codes: banking, banking, finance, retail, and banking. Based on this
information, which of the following statements is correct?
O a. If five other Fortune 500 companies were chosen, 60% of them would be banking industries.
O b. Sixty percent of all Fortune 500 companies are banking industries.
O c. Banking is the most common type of industry among all Fortune 500 companies.
O d. Sixty percent of the sample of five companies are banking industries.
QUESTION 4
A portion of the population selected to represent the population is called
O a. a census
O b. descriptive statistics
OC. statistical inference
O d. a sample
Transcribed Image Text:QUESTION 3 A sample of five Fortune 500 companies possessed the following industry codes: banking, banking, finance, retail, and banking. Based on this information, which of the following statements is correct? O a. If five other Fortune 500 companies were chosen, 60% of them would be banking industries. O b. Sixty percent of all Fortune 500 companies are banking industries. O c. Banking is the most common type of industry among all Fortune 500 companies. O d. Sixty percent of the sample of five companies are banking industries. QUESTION 4 A portion of the population selected to represent the population is called O a. a census O b. descriptive statistics OC. statistical inference O d. a sample
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