The parameter of the study's population is the 80% of all customers who shopped in the chain's stores that were interested in the home delivery service.
Population parameter is defined as any summary number that describes the entire population. It can be an average or a percentage/
The 1,000 customers that were surveyed are the sample of the population. They basically represent the population of the chain's customers.
Q2 Anwser
Exact Form:
28/15
Decimal Form:
1.86
Mixed Number Form:
1 13/15
The value of b in the exponential function which is formed by Shanna for the price of land is 8% or 0.08.
<h3>What is percentage increase ?</h3>
Percentage increase is the amount added to the initial value in the percentage part.
The value of a plot of land which is increases 8% every year has the current value of $350000.
The final value owner wants is $570000. Shanna writes an exponential function of the form, to model the value,v, of the land in t years as,
Here, in this exponential function the value of a is fixed or initial term which is $350000 and the value of b is the constant term which is change factor. Here, the value of b is 8%.
b=8%
b=8/100
b=0.08
Thus, the value of b in the exponential function which is formed by Shanna for the price of land is 8% or 0.08.
Learn more about the percentage increase here;
brainly.com/question/2085058
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