Question

A city planner is studying the need for affordable housing in the city's Urban Planning Department. He learned from the census of all 75,342 households in the city that the median family income is $65,000, with an average of 2.9 persons-per-household, and 88% live in a single household unit. Previously, the planner had surveyed a group of 400 randomly selected households in the city. The surveyed households had a median family income of $52,000, an average of 3.2 persons per household, and 80% lived in a single household unit. 2
(a) For city planner's survey, identify the population and the sample,
Population: (Choose one)
Sample: (Choose one)
(b) Choose whether each number described below is a parameter or a statistic for the city planner's survey,
Number Parameter Statistic
The 80% of the group of randomly selected households that live in a single household unit
The average of 2.9 personer household of all the households in the city The $65,000 median family income of all the households in the city At a TV assembling facility, the Quality Assurance (QA) department tested a random selection of 600 TV's assembled in March.

Answer 1

Answer:

Population = 75,342 households

Sample = 400 randomly selected households

The percentage who live in a single household unit = Parameter

The average of 2.9 person per household of all households in the city = parameter

The $65,000 median family income of all the households in the city = Parameter

Step-by-step explanation:

The population refers to all the entire elements, observations or subject which fits into a particular study. In the scenario above, the entire household in the city of study. That is, the 75,342 households.

The sample is the subset of the population which is a smaller set of observation meant to be representative of the larger population. The sample here is the 400 randomly selected households.

Parameter differs from statistics in that numerical estimates or calculations obtained from the population is called the parameter while the numerical characteristics derived from the sample is called statistic.