Asked by Benard

You work for a financial information website. You draw a random sample of 100 subscribers and determine that their mean income is $68,500. Which statement is true?

A)
You conclude that the income of all subscribers is $68,500.

B)
You conclude that half of the subscribes earn less than $68,500.

C)
You conclude that half of the subscribes earn more than $68,500.

D)
You conclude that the mean income of all subscribers is close to $68,500.
Answered by Steve
Clearly, it is D.

You use random samples to estimate properties of the whole population.
Answered by little help
aye steve
Answered by Ddd
You work for a financial information website. You draw a random sample of 100 subscribers and determine that their mean income is $68,500. Which statement is true?
Answered by Ddd

A market researcher selected 200 people at random from a group of people who indicated that they liked a certain book. The 200 people were shown a movie based on the book and then asked whether they liked or disliked the movie. Of those surveyed, 95% said they disliked the movie. Which inferences can appropriately be drawn from this survey result?
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