Tesearch group asked 2132 U.S. adults and 1038 college presidents to "rate the job the higher education system is doing in providing value for the money spent by s parts a through d below. Poor Only Fair Good Excellent DK/NA U.S. Adults 315 894 749 103 71 Presidents 28 217 616 177 a) What percent of college presidents think that higher education provides a "poor" value? (Round to one decimal place as needed.) b) What percent of U.S. adults think the value provided is either good or excellent? What is the comparable percentage of college presidents? About % of U.S. adults think the value provided is either good or excellent. (Round to one decimal place as needed.) About % of college presidents think the value provided is either good or excellent. (Round to one decimal place as needed.) C) Compare the distribution of opinions between U.S. adults and college presidents. On average, V about the value provided by a college education. d) Is it reasonable to conclude that 4.83% of all U.S. adults think that the higher education system provides an excellent value? Why or why not? O A. The sample is representative of the population of U.S. adults, therefore, exactly 4.83% of all U.S. adults think that the higher education system provides an excellent
Tesearch group asked 2132 U.S. adults and 1038 college presidents to "rate the job the higher education system is doing in providing value for the money spent by s parts a through d below. Poor Only Fair Good Excellent DK/NA U.S. Adults 315 894 749 103 71 Presidents 28 217 616 177 a) What percent of college presidents think that higher education provides a "poor" value? (Round to one decimal place as needed.) b) What percent of U.S. adults think the value provided is either good or excellent? What is the comparable percentage of college presidents? About % of U.S. adults think the value provided is either good or excellent. (Round to one decimal place as needed.) About % of college presidents think the value provided is either good or excellent. (Round to one decimal place as needed.) C) Compare the distribution of opinions between U.S. adults and college presidents. On average, V about the value provided by a college education. d) Is it reasonable to conclude that 4.83% of all U.S. adults think that the higher education system provides an excellent value? Why or why not? O A. The sample is representative of the population of U.S. adults, therefore, exactly 4.83% of all U.S. adults think that the higher education system provides an excellent
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:On average,
V about the value provided by a college education.
d) Is it reasonable to conclude that 4.83% of all U.S. adults think that the higher education system provides an excellent value? Why or why not?
O A. The sample is representative of the population of U.S. adults, therefore, exactly 4.83% of all U.S. adults think that the higher education system provides an excellent value.
O B. The percent 4.83% is significantly different from the percent in the sample, so it is not a reasonable conclusion.
O C. The sample is probably not representative of the population of U.S. adults, so the true value is much larger than 4.83%.
O D. The sample is likely representative of the population of U.S. adults, so the true value may be close to 4.83%, but not exactly 4.83%, because this is only an estimate.

Transcribed Image Text:A research group asked 2132 U.S. adults and 1038 college presidents to "rate the job the higher education system is doing in providing value for the money spent by stuc
parts a throughd below.
Only Fair
894
Poor
Good
Excellent
DK/NA
U.S. Adults
315
749
103
71
Presidents
28
217
616
177
a) What percent of college presidents think that higher education provides a "poor" value?
%
(Round to one decimal place as needed.)
b) What percent of U.S. adults think the value provided is either good or excellent? What is the comparable percentage of college presidents?
About % of U.S. adults think the value provided is either good or excellent.
(Round to one decimal place as needed.)
About % of college presidents think the value provided is either good or excellent.
(Round to one decimal place as needed.)
C) Compare the distribution of opinions between U.S. adults and college presidents.
On average,
▼ about the value provided by a college education.
d) Is it reasonable to conclude that 4.83% of all U.S, adults think that the higher education system provides an excellent value? Why or why not?
O A. The sample is representative of the population of U.S. adults, therefore, exactly 4.83% of all U.S. adults think that the higher education system provides an excellent val
O B. The percent. 4.83% is significantly different from the percent in the sample, so it is not a reasonable conclusion.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman