The answer is 1762.50. You multiply the 2.35 by 75000 and move over two digits and place the .
Chat with our AI personalities
(25000+75000)/2=50000
Well, isn't that just a happy little mistake! When you survey the entire population, you're looking at the actual parameter, not an estimate. A point estimate comes from sampling just a portion of the population, giving you an idea of what the parameter might be. Just remember, there are no mistakes in statistics, only happy little accidents!
0.03 percent is greater than 0.02 percent.
Percent error.
the amount of decrease in a percent