27
QuizMultiple Choice

Statistics in Business and Financial Decisions — Quiz

Question 27 • Financial Math

What is the sample in this scenario?

Answer
A
the 1 comma 000 randomly selected customers
B
any new customers signing up during the study
C
any customer submitting a support ticket
D
the 15 comma 000 new customers at the start of the study

Explanation

The sample is the group actually selected for observation or study. Here, that is the 1,000 randomly selected customers. The 15,000 new customers are the broader group from which the sample was selected, not the sample itself.

AI-written and checked against the verified answer.