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QNT 351 Week 1 Connect Lab 2016 Version
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Compute the arithmetic mean
Indicate whether it is a statistic or a parameter
Consider these five values a population: 6, 2, 6, 2, and 5Determine the mean of the population.(Round your answer to 1 decimal place.
Determine the variance of the population.(Round your answer to 2 decimal places.
An investor buys 100 shares of AT&T stock and records its price change daily. Which concept of probability would you use to estimate the probability of an individual event- @
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