Ping Golf,Inc

question 63

Multiple Choice

Ping Golf,Inc. ,conducts a study in which they use a probability sample of 600 golfers.They examine the data from the sample and calculate that 28 percent of them own Ping golf clubs.The 28 percent is the:

• A)variance.
• B)sample statistic.
• C)measure of central tendency.
• D)the population parameter.
• E)the grand mean.

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Definitions:

Absolute Value

A number's distance from zero on the number line, without considering its direction; denoted by two vertical bars on either side of the number.

Second Quartile

Also known as the median; it splits the data set into two halves, with 50% of the data below it and 50% above it.

Relative Standing

A measure or ranking of a value or observation within the context of a larger set of data or population.

Observation

An act of recording the occurrence or existence of a specific entity or phenomenon.