Memorial Day Spending The National Retail Federation conducted a national randomly-selected survey of 8,526 consumers on September 1-9, 2009 asking households how much they plan to spend on Memorial Day. I would like to know if the average amount households planned to spend on Memorial Day is less than $57. What are the observational units

An observational units are defined as the entity for which the information is received and the statistics are compiled of in the process of collecting the statistical data. It is also known as the statistical unit.

In the context, National Retail Federation is conducting a survey asking various households how much they are planning to spend on the memorial day. So the observational units in this study are the household because the information are collected on the basis of each household going to spend on the Memorial day.

shubhamchouhanvrVT shubhamchouhanvrVT · Answer 2 · 2022-03-26T07:24:52+01:00

The observational units in this will be households.

What will be the observational unit?

An observational unit is defined as the entity for which the data is received and the statistics are collected in the process of collecting the statistical data. It is also known as the statistical unit.

In this context, National Retail Federation is executing a survey asking various households how much they are planning to spend on memorial day.

So the observational units in this study are the household because the information is gathered on the basis of each household going to expend on Memorial day.

Thus the observational units in this will be households.

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