Suppose There Are 500 Accounts in a Population

question 24

Multiple Choice

Suppose there are 500 accounts in a population.You sample 50 of them and find a sample mean of $500.What would be your estimate for the population total?

• A) $5,000
• B) $50,000
• C) $250,000
• D) $500,000
• E) None of these choices

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The use of upper case letters at the beginning of sentences or proper nouns; in finance, the total value of a company's outstanding shares.

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