Pearson eText Business Statistics: First Course -- Instant Access (Pearson+)
Pearson eText Business Statistics: First Course -- Instant Access (Pearson+)
8th Edition
ISBN: 9780136880974
Author: David Levine, David Stephan
Publisher: PEARSON+
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Chapter 1, Problem 1.7AC

For each of the following variables, determine whether the variable is categorical or numerical. If the variable is numerical, determine whether the variable is discrete or continuous.

  1. Amount of money spent on clothing in the past month
  2. Favorite department store
  3. Most likely time period during which shopping for clothing takes place (weekday, weeknight, or weekend)
  4. Number of pairs of shoes owned

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In a town with 5000 adults, a sample of 50 is selected using SRSWOR and asked their opinion of a proposed municipal project; 30 are found to favor it and 20 oppose it. If, in fact, the adults of the town were equally divided on the proposal, what would be the probability of observing what has been observed? Approximate using the Binomial distribution. Compare this with the exact probability which is 0.0418.
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