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A study was conducted by Brochet and Morrot (1999) in which knowledgeable wine students were asked to describe the flavor of wines poured from two different bottles. One bottle was labeled as a basic table wine and the other as a high-end grand cru wine. The two wines were identical and only the bottles differed. During this study, the students:
Population Parameter
A numerical characteristic of a population, such as mean or standard deviation, that is usually unknown.
Proportion
In statistics, a proportion refers to the fraction of the total that exhibits a certain trait or characteristic.
Season Ticket Holders
Individuals or entities that possess tickets granting them access to a series of events, typically sports games or concerts, for a particular season.
Margin of Error
An expression of the amount of random sampling error in survey results, indicating how much the survey results might differ from the true population values.
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