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Critical Thinking about Statistics: You and your business partner have decided to lease space in Miami Beach and build a new fitness center.
1. Critical Thinking about Statistics: You and your business partner have decided to lease space in Miami Beach and build a new fitness center. You want to ensure that you have the best possible understanding of your future clientele and their fitness goals to make sure your investment is a wise one. Therefore, you plan to conduct a poll in order to understand your customers better. You also plan to incorporate your findings into a business plan that can attract future investors.
- Define the relevant population for your poll based on who you believe your clients will be (i.e. age, fitness level, location).
- How do you plan to identify and subsequently sample individuals in your target population?
- Create a set of five questions to include in your poll that will be helpful in understanding your
- customer base. For each question, indicate whether the data you obtain will be quantitative or
- qualitative (categorical).
- Will obtaining a simple random sample be feasible? Discuss potential sources of bias and/or
- measurement error that might influence your poll results and address whether these potential sources of bias and/or measurement error can be mitigated?