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For the situation below identify the population and the sample and explain what p and $ represent if appropriate and what the value of $

  • For the situation below identify the population and the sample and explain what p and $ represent if appropriate and what the value of $ is. Would you trust a confidence interval for the true proportion based on these data? Explain briefly why or why not. A marketing analyst conducts a large survey of her customers to find out how much money they plan to spend at the company website in the next 6 months. The average amount reported from the 556 respondents is $141.72. What is the population? O A. All marketing analyst websites O B. All the websites of the marketing analyst customers O C. All marketing analvsts O D. All customers of the marketing analyst Identify the sample. Choose the correct answer below. O A. The 556 customers who responded to the survey O B. All the customers to whom the survey was sent O C. The average amount reported by the 556 customers who responded O D. The 556 amounts that were recorded from the survey Explain what p represents. Choose the correct answer below. O A. This situation is about a mean, not a proportion. • B. The average amount that will be spent by the marketing analysts customers O C. The proportion of the 556 respondents who will spend more than $141.72 O D. The proportion of all customers who will spend more than $141.72.

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