A Company Has Developed a New Engine Whose Average Lifetime

question 28

Multiple Choice

A company has developed a new engine whose average lifetime is unknown.In order to estimate this average,100 engines are randomly selected from a large production line and tested; their average lifetime is found to be 11 years.The 11 years represents a:

• A)parameter.
• B)statistic.
• C)sample.
• D)population.

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Definitions:

Severe Depression

A significant mental health condition characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities, significantly impairing daily functioning.

Internal

Refers to something situated on the inside or occurring within an entity or organization.

Stable Factors

Characteristics or elements that remain constant over time in a given context or system.

External

Pertaining to or situated on the outside of something; relating to the outer environment or surroundings.