Final answer:
The population in this survey is the entire undergraduate student body at the university, and the parameter being assessed is the percentage of undergraduates living at home during the current term.
Step-by-step explanation:
The population in this survey is the entire undergraduate student body at the university. The parameter being assessed is the percentage of undergraduates living at home during the current term. This parameter represents the true value that the survey aims to estimate. Justification: The survey is carried out at the university, targeting the specific population of undergraduates, and the parameter being estimated aligns with the research question.