You Are the Owner of a Camping Site and Want

question 4

Multiple Choice

You are the owner of a camping site and want to estimate the average age of your customers.For this purpose,you select a representative sample of your clients and offer them a discount good for their next visit as compensation for filling out a short questionnaire that includes relevant age intervals.The average age of your customers is:

• A) a measurement
• B) data
• C) a statistic
• D) a parameter
• E) a census

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Definitions:

Convertible Bonds

These are corporate bonds that holders can convert into a predetermined number of shares of the issuing company's stock, combining features of both debt and equity.

Specified Exchange Rate

A predetermined rate at which two currencies will be exchanged in a financial transaction.

Stock

An ownership share in a company that represents a claim on part of the corporation's assets and earnings.