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The principal at John F. Kennedy High School has been asked to provide the average number of classes taken by the students at KHS. Since the computer system is down, she takes her alphabetized list of students, randomly selects 50 students, determines the number of classes each of the 50 selected students is taking, and calculates = 5.4. She then reports to the PTA "Since I took a large random sample, the population mean number of classes taken by the students at KHS is 5.4." Write a short paragraph to send to her that explains why her statement is not correct.
Deductible
An amount that a policyholder must pay out of pocket before an insurance company will cover any expenses.
Premium
The amount paid for an insurance policy or the fee charged by insurers for providing coverage.
Comprehensive Coverage
A type of automobile insurance that provides protection against loss when the insured’s car is damaged or destroyed by fire, lightning, flood, hail, windstorm, riot, vandalism, or theft.
Actual Cash Value
The amount equal to the replacement cost of damaged or stolen property minus depreciation.
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