Asked by
Madeline Cannon
on Nov 18, 2024Verified
A random sample of 144 bottles of cologne showed an average content of 4 ounces.It is known that the standard deviation of the contents (i.e., of the population) is 0.3 ounces.In this problem the 0.3 is
A) a parameter.
B) a statistic.
C) the standard error of the mean.
D) the average content of colognes in the long run.
Standard Deviation
An indicator of the spread or fluctuations in a data set, showing the degree to which the data points deviate from the average value.
Parameter
A numerical characteristic of a statistical population, such as a mean or standard deviation, that describes some aspect of the population.
- Comprehend the principle and compute standard deviation and standard error within statistics.
Verified Answer
CT
Learning Objectives
- Comprehend the principle and compute standard deviation and standard error within statistics.