The Following Data Was Collected from a Simple Random Sample

question 53

Multiple Choice

The following data was collected from a simple random sample of a population. The point estimate of the population mean

• A) cannot be determined, since the population size is unknown.
• B) is 18.4.
• C) is 18.
• D) is 92.

---

Definitions:

Financial Quarters

Divisions of a fiscal year into four parts, used by businesses and governments for financial reporting and planning purposes.

Marketing Team

A group of professionals dedicated to developing strategies and executing tasks to promote and sell products or services, aiming to meet the business's marketing goals.

Optional Information

Information that is not compulsory to provide or acquire in a given context or transaction.

Volunteer Work

Activities undertaken by an individual without pay or financial gain, contributing to a community or organization.