Suppose there are 500 accounts in a population.You sample 50 of them and find a sample mean of $500.What would be your estimate for the population total?
A)$5,000
B)$50,000
C)$250,000
D)$500,000
E)None of the above

Name: Suppose there are 500 accounts in a population.You sample 50 of them and find a sample mean of $500.What would be your estimate for the population total? A)$5,000 B)$50,000 C)$250,000 D)$500,000 E)None of the above
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Question

Quizplus · Accepted Answer

The Answer is C

Suppose There Are 500 Accounts in a Population