A Researcher Wants to Know What the Average Variation Is

question 62

Multiple Choice

A researcher wants to know what the average variation is in altimeters of small,privately owned airplanes.The task of determining this is expensive and time consuming,if even possible,given the large number of such airplanes. The researcher decides to use government records to randomly locate the owners of ten such planes and then get permission to test the altimeters.When the researcher is done,he will use the data gathered from the group of ten to reach conclusions about all small,privately owned airplanes.The average variation computed using the data gathered on the group of ten airplanes is best described as a _______.

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

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Definitions:

Utilities

Services such as water, electricity, gas, and sewer services provided to consumers and businesses.

Allocate

The process of assigning or distributing resources or amounts to various accounts or periods.

Square Footage

The measurement of area, especially used in reference to the size of a building or room, calculated in square feet.

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted.