Question

Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the textbook costs of first-year students at Drummand. To do so, she monitored the textbook cost of 250 first-year students and found that their average textbook cost was $300 per semester. Identify the population of interest to the researcher.

Answer 1

The population of interest to the researcher were the 250 first-year students that were monitored.

Explanation:

In descriptive statistics, the portion of the cost of college education to be determined and has been selected for analysis is calle d "sample", the sample the researcher is interested in, considers the textbooks cost of first-year students, therefore the 250 first-year students is the researcher´s population of interest. This method involved the collection, presentation, and characterization.