SOLUTION: A graduate student is interested in finding out the average dollar value of houses owned by the faculty members of your college. Answer the following questions: a. What is the

Algebra ->  Probability-and-statistics -> SOLUTION: A graduate student is interested in finding out the average dollar value of houses owned by the faculty members of your college. Answer the following questions: a. What is the       Log On


   



Question 935133: A graduate student is interested in finding out the average dollar value of houses owned by the faculty members of your college.
Answer the following questions:
a. What is the population of the study?
b. What is a sample of the study?
c. What is the variable of the study?
d. What is the data of the study?

Answer by TimothyLamb(4379) About Me  (Show Source):
You can put this solution on YOUR website!
the population: all home owners who are college faculty members
the sample: all home owners who are faculty members at the student's college
the variable: a random variable Y representing the dollar value of a home
the data: list of pairs (faculty member name, dollar value of his/her house)
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