Question: Can someone help me understand this question? #22 Chapter 1 Addi 22. Researchers at Pepperdine University's Graziadio School of Business and Management recently conducted a

Can someone help me understand this question? #22

Can someone help me understand this question? #22 Chapter 1 Addi 22.

Chapter 1 Addi 22. Researchers at Pepperdine University's Graziadio School of Business and Management recently conducted a study to determine whether the capital crunch is affecting small businesses' abilities to expand. The companies studied included alternative lenders, venture capitalists, and private equity firms, among others. The project surveyed 559 privately held businesses and 1430 lenders and investors nationwide. The study found that 78 percent of businesses had solid growth strategies but only 40 percent had access to the resources needed to grow. Lenders and investors rejected 90 percent of loan applications or investment proposals that would be secured by a business's real estate holdings and 73 percent of loan applications or investment proposals that are based on a business's cash flow. According to the survey author John Paglia, "The study shows private business owners feel they are being constrained by access to financial capital. Owners currently expect a 10 percent revenue growth over the next 12 months. If they were to receive additional capital, they estimate their revenue growth rate to jump to 25 percent." Source: smallbiztrends.com a. Identify the population of interest. b. What characteristics of the population are being measured? c. Identify the sample. d. Is the purpose of this study to perform descriptive or inferential statistics

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