Is it 22m...look at the other side shouldn't it be the same (sorry if I didn't help :))))))))
Answer: c. sampling error
Step-by-step explanation:
- A population parameter is a number that is evaluated to describe the whole population . For example : Population mean , Population standard deviation etc.
- A sample statistic gives the estimate value of the population parameter. For example : Sample mean , sample proportion.
Since, the sample is a subset of population , so there are chances for unavoidable variation in sample mean from the population mean that varies from sample to sample .
This variation is known as sampling error.
∴ The difference between the value of the sample statistic and the value of the corresponding population parameter is called the sampling error .
Hence,the correct answer is c. sampling error .
Answer: Hi hope your new account doesn't malfunction.
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
The product of 4 times the quantity x to the fifth power