Examlex

Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 92

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A paper company is interested in estimating the proportion of trees in a 600-acre forest with diameters exceeding 2 feet.The company selects 30 plots (100 feet by 100 feet)from the forest and utilizes the information from the 30 plots to help estimate the proportion for the whole forest.
-What statistical term describes the 30 plots?


Definitions:

Educational Levels

The stages of formal learning, typically categorized by degrees or certificates achieved, that reflect a person's academic achievements.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment.

Business Operations

The day-to-day activities required for a company to keep functioning and generate revenue.

Scope

The extent or range of an activity, project, or subject; the breadth of its coverage.

Related Questions