1) 2,500 Wells Fargo customers are asked if they are happy with the service they get from Wells Fargo.a) What is the sample and what is the population?b) What is the variable in this research?c) Wells Fargo announced that because 68% of the customers surveyed were happy with the customerservice they guess that about 68% of all their customers are happy with the customer service.Was Wells Fargo performing descriptive statistics or inferential statistics'

a) Here the Population of Interest is "All Wells Fargo Customers" Sample : "2500 Wells Fargo…

Answered: 1) 2,500 Wells Fargo customers are…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Similar questions

Suppose a survey of 931 business owners found that 23% bought flood insurance. Which part of the survey represents the descriptive branch of statistics? Make an inference based on the results of the survey. Choose the best statement of the descriptive statistic in the problem. O A. Most business owners do not buy flood insurance. B. There is no association between business owners and buying flood insurance. OC. 931 business owners were surveyed. O D. 23% of business owners in the sample bought flood insurance. Choose the best inference from the given information. OA. 23% of business owners in the sample bought flood insurance. OB. 931 business owners were surveyed. OC. Most business owners do not buy flood insurance. D. There is no association between business owners and buying flood insurance.
2. What is the sample size of a certain study if the population size is 1,000,000 and 10% margin of error are expected? a.400 c,200 b.300 d.100 3.Which of the following examples is secondary data? a.Direct Interview c.journals b.Indirect or Questionnaire d.Observation
5. Websites like e-rewards give airline miles or other awards to members who fill out surveys online. Members must be invited by a company such as an airline to participate and once they are a member, they will receive invitations for surveys based on qualification criteria. Discuss an advantage and a disadvantages of this data collection method. Briefly explain your choice. Advantage: Disadvantage:
.Descriptive statistics allows you to make inference from the data صواب ihi
2. Explain the relationship between the population mean ?, the sample mean?̅, and a value of the sample mean ?̅. Which is the population parameter,which is a statistic, which is a point estimate, and which is an estimator?
A) We have just conducted a study examining how much math anxiety students experience after taking a statistics class. We want to know if students on average are reporting low (1) or high (7) levels of math anxiety. To do that, we want to compare the math anxiety levels of the students after they have taken a statistics course to the average population math anxiety. We believe that the students on average will have a level of math anxiety that differs from the population. X 3 4 4 5 5 3 1 3 5 6 7 2 2 3 2 3 2 3 1 3 Report our null and alternative hypotheses in words. Given the information we have, what specific t-test do we need to run in order to examine our hypothesis? Provided are the ratings from the students that we recruited (see left), the mean and standard deviation for that sample (see below), and the population average (see below): xbar =3.35, Meu=4.00 and SD=1.60…
Question 3. A researcher wished to gauge public opinion on gun control. He randomly selected 1000 people from the list of registered voters and asked them the following question: Do you believe that gun control laws which restricts the ability of Ghanaians to protect their families should be eliminated? i. Identify the two instances of inappropriate use of statistics in the approach used by the researcher. ii. Suggest a remedy for improving the approach used by the researcher.
Q.31 Define deseasonalisation of data.
Are written conclusions a form of statistics?
1. What is the mean of a dataset?

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