Suppose we want to study how long customers wait on average to return something.

Suppose we want to study how long customers wait on average to return something. We record 50 customers time to return an item, which is the number of days from buying something to returning it. For that we get 7.5 days as the average. What is the Population, Parameter, Sample, and Statistic?
Requirements: Open   |   .doc file

Leave a comment

Your email address will not be published. Required fields are marked *