24
QuizMultiple Choice

Statistics in Business and Financial Decisions — Quiz

Question 24 • Financial Math

What is the population of the study?

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

Explanation

The population is the entire group the study is intended to describe. The 1,000 randomly selected customers are the sample, drawn from the 15,000 new customers at the start of the study. Therefore, the population is the 15,000 new customers at the start of the study.

AI-written and checked against the verified answer.

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