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Assignment 2
Explain the difference between the following:
1. A population parameter and its point estimate.
2. A population and a corresponding sample mean
3. Explain in your own words: range, variance and standard
deviation for a population
Answer Exercises: 2.16, 2.28, 3.3, 3.19, and 3.31
NOTE
: SHOW ALL THE CALCULATIONS - (YOU WILL NOT GET
ANY CREDIT IF YOU DO NOT SHOW ALL THE
CALCULATIONS
)
REQUIRED TEXT
Business Statistics in Practice, 7/e
By Bruce L. Bowerman, Richard T. O'Connell and Emily S.
Murphree
7th Edition ISBN: 978-0-07-352149-7
Assignment 2 Explain the difference between the following 1. A .docx

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  • 1. Assignment 2 Explain the difference between the following: 1. A population parameter and its point estimate. 2. A population and a corresponding sample mean 3. Explain in your own words: range, variance and standard deviation for a population Answer Exercises: 2.16, 2.28, 3.3, 3.19, and 3.31 NOTE : SHOW ALL THE CALCULATIONS - (YOU WILL NOT GET ANY CREDIT IF YOU DO NOT SHOW ALL THE CALCULATIONS ) REQUIRED TEXT Business Statistics in Practice, 7/e By Bruce L. Bowerman, Richard T. O'Connell and Emily S. Murphree 7th Edition ISBN: 978-0-07-352149-7