If a Business Manager Selected a Sample of Customers and Computed

question 129

Multiple Choice

If a business manager selected a sample of customers and computed the mean income for this sample of customers, she has computed:

• A) a statistic.
• B) an ordinal value.
• C) a nominal value.
• D) a parameter.

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Definitions:

Health Care System

A coordinated network of institutions, resources, and people aimed at delivering health care services to meet the health needs of target populations.

Public Health System

An organized effort by society, primarily through public institutions, to improve, protect, and promote health and prevent illness and injury.

Racial Disparities

Differences in treatment, opportunities, and outcomes between racial groups, often reflecting systemic inequality and injustice.

Economic Differences

Variations in wealth, income, and economic status among individuals, groups, or countries, leading to disparities in living standards and access to resources.