Elance Exams Answers PDF file

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A manager of a large bank wants to compute the average interest rates across all bonds that the bank invests in. The manager randomly sampled 127 bonds that the bank invests in and calculated the average interest rate over the past year of the sample was 2.47%. What is the parameter of interest in this study?

2.47%
All bonds that the bank invests in.
The average interest rate of all bonds that the bank invests in.
The 127 bonds used in the calculation.
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