Examlex
Rosa is in the process of buying a television at an electronics store. She is overwhelmed by the number of options and is finding it difficult to pick one. While making her decision, what is Rosa's MOST likely first step?
Random
In statistical terms, a process or selection that ensures each item or person has an equal chance of being chosen, free from bias.
Population Parameter
Numeric values that summarize the characteristics of an entire population, such as mean or variance.
Average Age
The arithmetic mean of the ages of a group of individuals or items, calculated by adding all ages together and dividing by the number of individuals or items.
Sample Statistic
A sample statistic is a numerical measure that describes a characteristic of a sample, such as the mean or standard deviation, derived from data collected from a subset of a population.
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