EBK STATISTICS FOR BUSINESS & ECONOMICS
EBK STATISTICS FOR BUSINESS & ECONOMICS
12th Edition
ISBN: 8220100460463
Author: Anderson
Publisher: CENGAGE L
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Chapter 10.4, Problem 34E

Businessweek reported that there seems to be a difference by age group in how well people like life in Russia (Businessweek, March 10, 2008). The following sample data are consistent with the Businessweek findings and show the responses by age group to the question: “Do you like life in Russia?”

  Russian Age Group
  17–26 40 and over
Sample 300 260
Responded Yes 192 117
  1. a. What is the point estimate of the proportion of Russians aged 17 to 26 who like life in Russia?
  2. b. What is the point estimate of the proportion of Russians aged 40 and over who like life in Russia?
  3. c. Provide a 95% confidence interval estimate of the difference between the proportion of young Russians aged 17 to 26 and older Russians aged 40 and over who like life in Russia.
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Chapter 10 Solutions

EBK STATISTICS FOR BUSINESS & ECONOMICS

Ch. 10.2 - Consider the following data for two independent...Ch. 10.2 - The U.S. Department of Transportation provides the...Ch. 10.2 - The average annual cost (including tuition, room,...Ch. 10.2 - Are nursing salaries in Tampa, Florida, lower than...Ch. 10.2 - Commercial real estate prices and rental rates...Ch. 10.2 - The College Board provided comparisons of...Ch. 10.2 - Periodically, Merrill Lynch customers are asked to...Ch. 10.2 - Researchers at Purdue University and Wichita State...Ch. 10.3 - Consider the following hypothesis test. H0:d0Ha:d0...Ch. 10.3 - The following data are from matched samples taken...Ch. 10.3 - A market research firm used a sample of...Ch. 10.3 - The price per share of stock for a sample of 25...Ch. 10.3 - Bank of Americas Consumer Spending Survey...Ch. 10.3 - The Global Business Travel Association reported...Ch. 10.3 - The College Board SAT college entrance exam...Ch. 10.3 - Scores in the first and fourth (final) rounds for...Ch. 10.3 - A manufacturer produces both a deluxe and a...Ch. 10.4 - Consider the following results for independent...Ch. 10.4 - Consider the hypothesis test H0:p1p20Ha:p1p20 The...Ch. 10.4 - A Businessweek/Harris survey asked senior...Ch. 10.4 - The Professional Golf Association (PGA) measured...Ch. 10.4 - An American Automobile Association (AAA) study...Ch. 10.4 - Chicago OHare and Atlanta Hartsfield-Jackson are...Ch. 10.4 - Businessweek reported that there seems to be a...Ch. 10.4 - In a test of the quality of two television...Ch. 10.4 - Winter visitors are extremely important to the...Ch. 10.4 - The Adecco Workplace Insights Survey sampled men...Ch. 10 - Safegate Foods, Inc., is redesigning the checkout...Ch. 10 - Home values tend to increase over time under...Ch. 10 - Mutual funds are classified as load or no-load...Ch. 10 - The National Association of Home Builders provided...Ch. 10 - Prob. 42SECh. 10 - Country Financial, a financial services company,...Ch. 10 - A large automobile insurance company selected...Ch. 10 - Medical tests were conducted to learn about...Ch. 10 - Vacation occupancy rates were expected to be up...Ch. 10 - Prob. 47SECh. 10 - One of the researchers voiced concern about the...
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