For each description of data, identify Who and What were investigated and the po

Question

For each description of data, identify Who and What were investigated and the population of interest. Some companies offer 401(k) retirement plans to employees, permitting them to shift part of their before-tax salaries into investments such as mutual funds. Employers typically match 50% of the employees' contribution up to about 6% of salary. One company, concern with what it believed was a low employee participation rate in its 401(k) plan, sampled 30 other companies with similar plans and asked for their 401 (k) participation rates.

Explanation / Answer

Who was investigated?

-> 30 other companies with similar plans were investigated.

What was investigated?

-> The participation rates of employees of different companies for their 401(k) plans was investigated

Population of interest?

-> The population of interest is the employees of the company who carried out the investigation.

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