(MSC X MindTap - Cengage Learning y! The culmination of your work willX * Young Professional - Young Profe X gage.com/static/nb/ui/evo/index.html?deploymentld-5725111881035567509984775831&elSBN=9781337094177&snapshotld=1515600&id=669710261& CENGAGE MINDTAP Q Search this course Chapter 8 Interpreting the Results Case Problem: Young Professional Magazine 3. Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years of a business or 4. other professional career. The magazine has been fairly successful and the publisher is interested in expanding the publication's advertising base. As a recent hire into the marketing department at the magazine, you have been asked to help develop a survey asking readers demographic information and questions about their interests. Your survey results will be used to help the magazine choose articles of interest and provide advertisers with a profile of subscribers. The culmination of your work will be a presentation of your findings to management. Therefore, you not only have to present summary data, but must also be able to explain the results in a manner that is accurate and easy to understand. Your analysis returned the following information about subscriber income: SE Mean Variable Income Mean StDev 410 74459.5 348 18.2 1719.5 Using this information, compute the margin of error for 90%, 95%, and 99% confidence intervals for mean household income. O a. ±2828.6, ±3370.3, and ±4429.6 O b. ±2870.4, 13420.5, and ±4494.9 Oc. t2971.5, ±3540,5, and ±3905.5 d. ±2201, ±2828.7, and ±4006.5 Check My Work (2 remaining) 03Icon Key « Question 3 of 4 and1sber12h sbe.ch08.02 2:09 PM a * 4/26/202 Chp 2.

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Using this information, compute the margin of error for 90%, 95%, and 99%

(MSC X MindTap - Cengage Learning
y! The culmination of your work willX
* Young Professional - Young Profe X
gage.com/static/nb/ui/evo/index.html?deploymentld-5725111881035567509984775831&elSBN=9781337094177&snapshotld=1515600&id=669710261&
CENGAGE MINDTAP
Q Search this course
Chapter 8 Interpreting the Results
Case Problem: Young Professional Magazine
3.
Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years of a business or
4.
other professional career. The magazine has been fairly successful and the publisher is interested in expanding the publication's advertising base.
As a recent hire into the marketing department at the magazine, you have been asked to help develop a survey asking readers demographic
information and questions about their interests. Your survey results will be used to help the magazine choose articles of interest and provide
advertisers with a profile of subscribers.
The culmination of your work will be a presentation of your findings to management. Therefore, you not only have to present summary data, but
must also be able to explain the results in a manner that is accurate and easy to understand.
Your analysis returned the following information about subscriber income:
SE Mean
Variable
Income
Mean
StDev
410
74459.5
348 18.2
1719.5
Using this information, compute the margin of error for 90%, 95%, and 99% confidence intervals for mean household income.
O a. ±2828.6, ±3370.3, and ±4429.6
O b. ±2870.4, 13420.5, and ±4494.9
Oc. t2971.5, ±3540,5, and ±3905.5
d. ±2201, ±2828.7, and ±4006.5
Check My Work (2 remaining)
03Icon Key
« Question 3 of 4
and1sber12h sbe.ch08.02
2:09 PM
a *
4/26/202
Chp
2.
Transcribed Image Text:(MSC X MindTap - Cengage Learning y! The culmination of your work willX * Young Professional - Young Profe X gage.com/static/nb/ui/evo/index.html?deploymentld-5725111881035567509984775831&elSBN=9781337094177&snapshotld=1515600&id=669710261& CENGAGE MINDTAP Q Search this course Chapter 8 Interpreting the Results Case Problem: Young Professional Magazine 3. Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years of a business or 4. other professional career. The magazine has been fairly successful and the publisher is interested in expanding the publication's advertising base. As a recent hire into the marketing department at the magazine, you have been asked to help develop a survey asking readers demographic information and questions about their interests. Your survey results will be used to help the magazine choose articles of interest and provide advertisers with a profile of subscribers. The culmination of your work will be a presentation of your findings to management. Therefore, you not only have to present summary data, but must also be able to explain the results in a manner that is accurate and easy to understand. Your analysis returned the following information about subscriber income: SE Mean Variable Income Mean StDev 410 74459.5 348 18.2 1719.5 Using this information, compute the margin of error for 90%, 95%, and 99% confidence intervals for mean household income. O a. ±2828.6, ±3370.3, and ±4429.6 O b. ±2870.4, 13420.5, and ±4494.9 Oc. t2971.5, ±3540,5, and ±3905.5 d. ±2201, ±2828.7, and ±4006.5 Check My Work (2 remaining) 03Icon Key « Question 3 of 4 and1sber12h sbe.ch08.02 2:09 PM a * 4/26/202 Chp 2.
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