Question

Identify the population, the sample, and the parameter of interest of the given scenario. You want to know the mean income of the subscribers to a particular magazine. You draw a random sample of 100 subscribers and determine that their mean income is $27,500. Population: Sample: Parameter of Interest:​

Answer 1

Answer:Also known as the population parameter of interest, the parameter of interest is a statistical value that gives you more information about the research sample or population being studied. In other words, these parameters define and describe a given research population.

Step-by-step explanation: