The manager of a bank with 50,000 customers commissions a survey to gauge customer views on internet banking, which would incur lower bank fees. In the survey, 28% of the 350 customers say they are interested in internet banking. What is the population of interest? i. What is the sample? Is the value 28% a parameter or a statistic?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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a.
The manager of a bank with 50,000 customers commissions a survey to gauge
customer views on internet banking, which would incur lower bank fees.
In the survey, 28% of the 350 customers say they are interested in internet banking.
i. What is the population of interest?
What is the sample?
iii. Is the value 28% a parameter or a statistic?
1:2
Transcribed Image Text:a. The manager of a bank with 50,000 customers commissions a survey to gauge customer views on internet banking, which would incur lower bank fees. In the survey, 28% of the 350 customers say they are interested in internet banking. i. What is the population of interest? What is the sample? iii. Is the value 28% a parameter or a statistic? 1:2
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