Math Problem Statement

The Grand City Water and Sewer Company selected a random sample of 20 residential customers. Following are the amounts, to the nearest dollar, the customers were charged for water and sewer last month: 54

48

58

50

25

47

75

46

60

70

67

68

39

35

56

66

33

62

65

67 Compute the arithmetic mean. Indicate whether it is a statistic or a parameter.

Solution

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Math Problem Analysis

Mathematical Concepts

Arithmetic Mean
Statistics

Formulas

Arithmetic Mean = (Sum of data values) / (Number of data values)

Theorems

Law of Large Numbers (related to the use of samples)

Suitable Grade Level

Grades 8-10