Answer to Question #254404 in Statistics and Probability for Josie

Question #254404
mean checkouttime for all customers at Comer Convenience Store is to be estimated by using the mean checkout time of75 randomly selected customers. Select from the following statistical terms for each question: data parameter population sample statistic variable
1
Expert's answer
2021-10-21T14:29:29-0400

Given that randomly selected customers= 75

Now, we need to select the statistical term for each question.

a.

The 75 customers is the "sample" .

b.

The mean time for all customers is the "parameter."

c.

2 minutes, one customer's checkout time is the "Data\\space value".

d.

All customers at Comer Convenience Store is the "population."

e.

The 75 checkout times is the "Data \\space set."

f.

The checkout time for one customer is the "variable."

g.

The mean time for the 75 customers is "Statistic."

h.

The process used to select 75 customers and measure their time is the "Experiment."


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