SOLUTION: Parking at a large university can be extremely difficult at times. One particular university is trying to determine the location of a new parking garage. As part of their research,

Algebra ->  Probability-and-statistics -> SOLUTION: Parking at a large university can be extremely difficult at times. One particular university is trying to determine the location of a new parking garage. As part of their research,      Log On


   

Question 1169553: Parking at a large university can be extremely difficult at times. One particular university is trying to determine the location of a new parking garage. As part of their research, officials are interested in estimating the average parking time of students from within the various colleges on campus. Which of the following would represent the target parameter of interest?

μ

p
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
The average parking time parameter is mu.
On the other hand, a much easier way to study this would be the proportion who park longer than a certain number or in between two specific periods of time. This is a way to deal with outliers.