Essentials Of Statistics For Business & Economics
Essentials Of Statistics For Business & Economics
9th Edition
ISBN: 9780357045435
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 1, Problem 18SE

A random telephone survey of 1021 adults (aged 18 and older) was conducted by Opinion Research Corporation on behalf of CompleteTax, an online tax preparation and e-filing service. The survey results showed that 684 of those surveyed planned to file their taxes electronically (CompleteTax Tax Prep Survey 2010).

  1. a. Develop a descriptive statistic that can be used to estimate the percentage of all taxpayers who file electronically.
  2. b. The survey reported that the most frequently used method for preparing the tax return is to hire an accountant or professional tax preparer. If 60% of the people surveyed had their tax return prepared this way, how many people used an accountant or professional tax preparer?
  3. c. Other methods that the person filing the return often used include manual preparation, use of an online tax service, and use of a software tax program. Would the data for the method for preparing the tax return be considered categorical or quantitative?
Blurred answer
Students have asked these similar questions
A random telephone survey of 977 adults (aged 18 and older) was conducted by Opinion Research Corporation on behalf of CompleteTax, an online tax preparation and e-filing service. The survey results showed that 771 of those surveyed planned to file their taxes electronically. a. Develop a descriptive statistic that can be used to estimate the percentage of all taxpayers who file electronically, 127 % (to nearest whole number) b. The survey reported that the most frequently used method for preparing the tax return was to hire an accountant or professional tax preparer. If 70% of the people surveyed had their tax return prepared this way, how many people used an accountant or professional tax preparer? (to nearest whole number) c. Other methods that the person filing the return often used include manual preparation, use of an online tax service, and use of a software tax program. Would the data for the method for preparing the tax return be considered categorical or quantitative?
One question in the General Social Survey asks, “Do you think that it should be government’s responsibility to reduce income differences between the rich and the poor?”  Those answering yes in a recent survey included 90 of the 142 respondents who called themselves “strong Democrat” in political party identification and 26 of the 102 who called themselves “strong Republican.”   Question: Find the point estimate (n) of the proportion answering yes for each group. What is the point estimate for strong Democrat and strong Republicans
The government sample survey of 60,000 households each month that produces data on employment, earnings, and many other variables is called the   A. General Household Survey.   B. Gallup Poll.   C. Labor Statistics Survey.   D. General Social Survey.   E. Current Population Survey.

Chapter 1 Solutions

Essentials Of Statistics For Business & Economics

Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License