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
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