At Cedar Rapids Community College,administrators Want to Determine the Average

question 14

Essay

At Cedar Rapids Community College,administrators want to determine the average commuting distance for their students who commute to school.They randomly select 250 students who commute and ask them the distance of their commute to campus.From this group a mean of 19.3 miles is computed.
a.Describe/find the parameter.
b.Describe/find the statistic.
c.Describe the population.
d.Describe the sample.

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Definitions:

Habitual Decision

The process of making choices automatically based on past behaviors and routines without considerable thought.

Purchase Decision

The process that leads a consumer from identifying a need or desire, through information search and evaluation of alternatives, to the buying action.

Information Search

The process individuals engage in to gather relevant information from various sources in order to make informed decisions or solve problems.

Purchase Momentum

The psychological phenomenon where an initial purchase increases the likelihood of further purchases.