T.i.P.S.

  • Lightbulb Students should be able to make generalizations, predictions, and inferences about a larger population based on data collected from a random sample of that population.

Example

  • A local home builder surveyed a random sample of 50 customers in Round Rock to find out how they heard about the business. The results are graphed below.

    Example

    If Round Rock has a population of 110,000 people, and the builder can only select one type of marketing campaign next year, which option should he choose? Why?

    Hint
    Possible Solution

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