Ch 1 hwk SJones.docx - Samantha Jones BADM 3933 Business Stats Ch 1 homework 1 For the following situations would you use a sample or a population Why a

Ch 1 hwk SJones.docx - Samantha Jones BADM 3933 Business...

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Samantha Jones BADM 3933 Business Stats Ch 1 homework 1. For the following situations, would you use a sample or a population? Why? a. The quality control manager at Quark’s Life Bulb Inc. wants to determine the average number of hours that a model 100WattD lifebulb will last. I would use a sample size, because the manager would only need to look at a portion of the people who have bought that light bulb to get an average number. b. Dr. Numbers is studying the final exam scores from students in his spring Advanced Algebra course. I would use a population size that way the professor can get an accurate average and see exactly how each student did on the final. c. American Life Inc. is interested in studying the numbers and types of pets in households in Albuquerque, NM. I would use a population size because it would be better to see everyone’s households than maybe 10-20. They would get a more accurate study. 2. A company was studying the demographics of their customers. As part of the study they collected data
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  • Fall '18
  • Arun Madapusi
  • Psychology, Household income in the United States

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