A bank manager is interested in the average length of time that customers are willing to wait in line before they give up and leave the bank. Match the vocabulary word with its corresponding example.
The average length of time that the 25 customers waited before leavingthe bank
The list of times for the 25 customers who left the bank
All of the bank's customers
The 25 customers that the manager observed leave
The length of time a customer waits before leaving the bank
The average length of time that all customers will wait before leaving the bank
a. Parameter
b. Variable
c. Sample
d. Population
e. Statistic
f. Data

Question

30-12-2020
Mathematics

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A bank manager is interested in the average length of time that customers are willing to wait in line before they give up and leave the bank. Match the vocabulary word with its corresponding example.
The average length of time that the 25 customers waited before leavingthe bank
The list of times for the 25 customers who left the bank
All of the bank's customers
The 25 customers that the manager observed leave
The length of time a customer waits before leaving the bank
The average length of time that all customers will wait before leaving the bank
a. Parameter
b. Variable
c. Sample
d. Population
e. Statistic
f. Data

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JeanaShupp JeanaShupp · Answer 1 · 2021-01-03T03:20:33+01:00

Answer: The average length of time that the 25 customers waited before leaving the bank. e. Statistic

The list of times for the 25 customers who left the bank. f.Data

All of the bank's customers d. Population

The 25 customers that the manager observed leave. c. Sample

The length of time a customer waits before leaving the bank. a. Variable.

The average length of time that all customers will wait before leaving the bank a. Parameter

Step-by-step explanation:

A data is a list of observations.

In statistics, a variable is an attribute that defines a person, place, thing, or thought.

A large group that have similar individuals as per the researcher's point of view is known as population, where its subset is known as sample.

The measure of certain characteristic in population is known as parameter, where for sample it is known as statistic.

jayilych4real jayilych4real · Answer 2 · 2022-01-13T18:30:17+01:00

The correct description of the given examples are:

The average length of time that the 25 customers waited before leaving the bank.

e. Statistic

The list of times for the 25 customers who left the bank.

f. Data

All of the bank's customers

d. Population

The 25 customers that the manager observed leave.

c. Sample

The length of time a customer waits before leaving the bank.

a. Variable.

The average length of time that all customers will wait before leaving the bank

a. Parameter

We can see that a bank manager is interested in finding out the average wait time which each customer has to wait and we can see that this is known as a parameter.