SOLUTION: Label each of the following situations “P” if it is an example of parametric data or “NP” if it is an example of nonparametric data. Jim Smith owns three real estate offices i

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Question 140959: Label each of the following situations “P” if it is an example of parametric data or “NP” if it is an example of nonparametric data.

Jim Smith owns three real estate offices in Anytown. He has decided to open one more office, but he cannot decide between Hometown or Uptown as the town where he wants to locate. He will be comparing the mean number of homes sold per real estate agent, and the mean commission percentage earned by agents in the two towns to make his decision. ____

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Those means are normally distributed.
Parametric.
Cheers,
Stan H.