(See Solution) In a large California company of 22,000 employees, 100 were randomly chosen and their average number of years of employment with the company
Question: In a large California company of 22,000 employees, 100 were randomly chosen and their average number of years of employment with the company was found to be 15.2 years with a standard deviation of 6.45 years. These sample statistics (15.2 and 6.45) are point estimates for the average years of employment and standard deviation of all 22,000 employees.
TRUE OR FALSE.
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