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- TomVLv 72 years agoFavorite Answer
The situation describes a statistic. The owner collect information about a sample of the total population.
- ?Lv 72 years ago
Well ... a sample of 150 from a total of 50,000 isn't the entire population.
So you can dismiss the last two answers.
''The situation describes a statistic'' (the second answer) is the one that is correct
because a parameter would only tell you the lowest and highest income .. not the average.
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