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The estimation of the population average family expenditure on food based on the sample average expenditure of 1000 families is an example of what?
Wiki User
∙ 13y ago
Inferential Statistics!
Wiki User
∙ 13y ago
This is an example of inferential statistics, where we use a sample to make inferences or predictions about a population. Specifically, it involves estimating the population parameter (average family expenditure on food) from a sample statistic (average expenditure of 1000 families).
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