The Space in a Bank Where Customers Line Up for Teller

question 62

True/False

The space in a bank where customers line up for teller service is not an economic activity centre.

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Definitions:

Sampling Error

The discrepancy between the statistical characteristics of a sample and those of the population from which the sample was drawn.

Sample Variance

A measure of dispersion that calculates how much the numbers in a sample differ from the mean of the sample.

Unbiased Estimate

An estimator or prediction that, on average, exactly matches the parameter being estimated in the population.

Denominator

The bottom number in a fraction that shows into how many equal parts the whole is divided.