Problem Set 1 – STT041.

1. Identify the population and the sample.

A magazine mails questionnaires to each company in Fortune magazine’s top 100 best

companies to work for and receives responses from 85 of them.

2. Determine whether the numerical value is a parameter or a statistic. Explain your

reasoning.

The average annual salary for 35 of a company’s 1200 accountants is $68,000.

You are doing a study to determine the opinions of students at your school regarding stem

cell research. Identify the sampling technique you are using if you select the samples listed.

Discuss potential sources of bias (if any). Explain.

3. You divide the student population with respect to majors and randomly select and

question some students in each major.

4. You assign each student a number and generate random numbers. You then question

each student whose number is randomly selected.

5. You select students who are in your biology class.