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A company has developed a new computer microprocessor whose average lifetime is unknown.In order to estimate this average,300 microprocessors are randomly selected from a large production line and tested; their average lifetime is found to be 7 years.The 300 microprocessors represent a:
Document Of Title
A transport document that, when appropriately made out, entitles the bearer to claim the goods from the carrier.
Promise
A declaration or assurance that one will do a particular thing or that a particular thing will happen.
Gift
A voluntary transfer of property or funds from one person to another without expectation of receiving something in return.
Mislaid Property
Property that is intentionally placed somewhere but then forgotten by the owner.
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