The Fitbit Blaze Smart Fitness Watch has been ranked as the number one best-selling wearable technology device.
Question:
The Fitbit Blaze Smart Fitness Watch has been ranked as the number one best-selling wearable technology device. This wearable technology tracks heart rate, and many activities such as running, biking, and cross training. It also monitors sleep patterns. The data can be synced with a phone app that summarizes and displays the user’s information.
a. As the number one best-selling wearable, would this ranking be more likely based on a population or a sample? Why?
b. An online retailer reports over 14,000 ratings from people who bought this wearable device. Sixty-four percent of the ratings are five stars. Would these ratings be more likely based on a population or a sample? Why?
Step by Step Answer:
Statistical Techniques In Business And Economics
ISBN: 9781265779696
19th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen