Describe how you would apply the five basic steps of a statistical study to the given issue. You want to know the average amount paid in rent by tenants of the city of Hazelwood.

Question

What will be an ideal response?

Answer 1

Step 1: Population is all tenants in the city of Hazelwood; goal is to determine the average amount paid in rent by tenants of the city of Hazelwood.
Step 2: Choose a representative sample
Step 3: Determine the average amount paid in rent by the people in the sample.
Step 4: Infer average amount paid in rent by all tenants of Hazelwood.
Step 5: Assess results and formulate conclusion