Statistics for Business & Economics, Revised (with XLSTAT Education Edition Printed Access Card)
Statistics for Business & Economics, Revised (with XLSTAT Education Edition Printed Access Card)
13th Edition
ISBN: 9781337094160
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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?
A Bloomberg Businessweek North American subscriber study collected data from a sample of 2861 sub-scribers. Fifty- nine percent of the respondents indicated an annual income of $ 75,000 or more, and 50% reported having an American Express credit card. a. What is the population of interest in this study?  b. Is annual income a categorical or quantitative variable?   c. Is ownership of an American Express card a categorical or quantitative variable?  d. Does this study involve cross- sectional or time series data?  e. Describe any statistical inferences Bloomberg Businessweek might make on the basis of the survey.
The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 448 out of 973 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places. d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? No, the…

Chapter 1 Solutions

Statistics for Business & Economics, Revised (with XLSTAT Education Edition Printed Access Card)

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