Answer
A member of a sample or population is a specific subject or object about which the information is collected. For example, each company listed in this table is called a member of this group.
A variable is a characteristic under study that assumes different values for different elements. In this table, the Revenue for Fiscal Year 2014 (millions of dollar) is the variable.
A measurement is the value of a variable for an element, as illustrated by the revenue for the fiscal year 2014 for the six companies in the table.
A data set is a collection of observations on one or more variable. The information given in the table on the revenue for fiscal year 2014 for the six companies is called a data set.
Work Step by Step
A member of a sample or population is a specific subject or object about which the information is collected. For example, each company listed in this table is called a member of this group.
A variable is a characteristic under study that assumes different values for different elements. In this table, the Revenue for Fiscal Year 2014 (millions of dollar) is the variable.
A measurement is the value of a variable for an element, as illustrated by the revenue for the fiscal year 2014 for the six companies in the table.
A data set is a collection of observations on one or more variable. The information given in the table on the revenue for fiscal year 2014 for the six companies is called a data set.
