2 ) ( Clearly identify your research objective . The research objective should identify a quantitative* variable that you would like to estimate the population mean for and clearly identify the population of interest . The data you collect will be a single numeric response . ( ex : Estimate the mean number of text messages sent per day by\\ students . Estimate the Thean diameter of the trees in Cummings Nature Center . ) b) Determine how you will collect your sample data . What sampling method will you use ? Your sampling method should not be strictly a convenience sample . ( See sections 1.3 - 1.5 for information about sampling . ) Note that in the final report , you will be required to provide evidence of your data collection process . Collect data from a minimum of 30 individuals for your sample . Will you use data that has already been collected or will you collect your own ? Options include using data from another class , a job , or the internet , conducting an experiment , distributing paper surveys , using the survey function in Stal Crunch , etc . If appropriate , what wording would you use to ask your question ? C ) If you had 6 months and a research grant to collect data to answer your research objective , describe in detail how you would modify your data collection process described in ( b ) . Would you still need to make an estimate , or could you collect data from every unit in your population ?! . Research Question : Estimate the mean daily spending of a college student on weekdays ! . Enter your data into StatCrunch . Construct and interpret a 95% confidence interval for the population mean for your variable . Remember to define the research objective , the population , and the parameter to estimate , and to show your work for all 4 steps . Clearly state how the conditions are met ( or not ) . If all conditions are not met , continue the process in order to complete the assignment and comment in your interpretation how this may have influenced your confidence interval .a. research objective: to nd the nancial knowledge of students and to know about the spending habit of a particular school students. the research question is how much money students spent per day. we can also get how much money as pocket money they get per day. and how much they spent from this, we can also know the savings habit of the student b. data collection : total school students is our population to collect sample data we can follow random sampling for example, asking students coming to cafeteria this question for a random sample of 30. or through systematic random sampling go to each less and randomly ask few students in each class. collect your own data by using question are and paper surveys the question would be how much pocket money you get per day? how much money do you spent per day? c. it has 6 months and grant we can cover the whole population that is whole school students and data collection can be done clearly