Pilgrim Sampling - 815 Words
Application of sampling distribution
Joe Greene, a new manager at Pilgrim Bank wants to better understand profitability data for bank’s customers. Joe is able to obtain a random sample of 31,634 customers on the following variables – Profitability (in $, for the most recent completed year, i.e. 2006), whether or not the customer uses the online banking channel, customer tenure, age and income where available, as well as the customer’s residential area. Descriptive statistics for Profits...
815 Words | 3 Pages