Final answer:
The internal financial metric is 'revenue per customer' as it relates to financial information used within a company to assess performance. The mean amount spent of $12.84 described in the study question is a statistic, representing a characteristic of a sample.
Step-by-step explanation:
The internal financial metric among the options provided is B) revenue per customer. This metric refers to the amount of income a company generates specifically from its customers.
It's an internal measure because it is derived from the company's own financial data and is used internally to track performance and make decisions.
In contrast, customer awareness, product defects, market share, and customer satisfaction are more externally focused, typically involving customer perceptions or market conditions.
Regarding the study and practice test question, the mean amount spent on produce per visit by the customers in the sample which is $12.84, would be classified as a statistic(D).
This is because it describes a characteristic measured from a sample. A parameter, on the other hand, would be the measure if it described the entire population.
The internal financial metric from the given options is revenue per customer. Internal financial metrics are used to evaluate the financial performance of a company.
Revenue per customer measures the average amount of revenue generated by each customer, which is an indicator of the company's ability to generate sales and increase profitability.