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Determine whether the data collected represents a population or a sample. The income distribution of the top 10% of wage earners in the Unit
Question
Determine whether the data collected represents a population or a sample. The income distribution of the top 10% of wage earners in the United States is determined using data from the Internal Revenue Service.
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Mathematics
4 years
2021-08-09T17:05:31+00:00
2021-08-09T17:05:31+00:00 1 Answers
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Answer:
Sample
Step-by-step explanation:
A sample simply means a randomly selected number of observations culled from a particular population of interest, so they the data points can be a smaller representation of the population observation. In the scenario above, a small fraction of about 10% of the top earners is to be sampled from a larger population of all earners in the United States.
Therefore. The entire United States earners refers to the population distribution of workers while a representative data such as the one taken above is called a sample.