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A Researcher Has Identified in the Average Salary for a Sample

question 18

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A researcher has identified in the average salary for a sample of his employees. If he wants to make general conclusions about the population of employees, what is that average salary?


Definitions:

Variation

The occurrence of differences in characteristics, traits, or outcomes among individuals within a population, group, or process.

Statistically Significant

A term indicating that the likelihood a result happened by chance is low, often used in research to confirm the reliability of findings.

Variability

The degree to which data points in a statistical distribution or set diverge from the average value and from each other.

Samples

Selected groups or portions of a population used in research to draw conclusions about the overall population based on their characteristics or responses.

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