Intro Stats
4th Edition
ISBN: 9780321825278
Author: Richard D. De Veaux, Paul F. Velleman, David E. Bock
Publisher: PEARSON
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Chapter 16, Problem 38E
Hiring In preparing a report on the economy, we need to estimate the percentage of businesses that plan to hire additional employees in the next 60 days.
- a) How many randomly selected employers must we contact in order to create an estimate in which we are 98% confident with a margin of error of 5%?
- b) Suppose we want to reduce the margin of error to 3%. What
sample size will suffice? - c) Why might it not be worth the effort to try to get an interval with a margin of error of only 1%?
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For each of the time series, construct a line chart of the data and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical).
Month Number (Thousands)Dec 1991 65.60Jan 1992 71.60Feb 1992 78.80Mar 1992 111.60Apr 1992 107.60May 1992 115.20Jun 1992 117.80Jul 1992 106.20Aug 1992 109.90Sep 1992 106.00Oct 1992 111.80Nov 1992 84.50Dec 1992 78.60Jan 1993 70.50Feb 1993 74.60Mar 1993 95.50Apr 1993 117.80May 1993 120.90Jun 1993 128.50Jul 1993 115.30Aug 1993 121.80Sep 1993 118.50Oct 1993 123.30Nov 1993 102.30Dec 1993 98.70Jan 1994 76.20Feb 1994 83.50Mar 1994 134.30Apr 1994 137.60May 1994 148.80Jun 1994 136.40Jul 1994 127.80Aug 1994 139.80Sep 1994 130.10Oct 1994 130.60Nov 1994 113.40Dec 1994 98.50Jan 1995 84.50Feb 1995 81.60Mar 1995 103.80Apr 1995 116.90May 1995 130.50Jun 1995 123.40Jul 1995 129.10Aug 1995…
Chapter 16 Solutions
Intro Stats
Ch. 16.1 - A Pew Research study regarding cell phones asked...Ch. 16.1 - Prob. 2JCCh. 16.1 - A Pew Research study regarding cell phones asked...Ch. 16.1 - Prob. 4JCCh. 16.1 - Prob. 5JCCh. 16.2 - Prob. 6JCCh. 16.2 - Prob. 7JCCh. 16.2 - Prob. 8JCCh. 16 - Prob. 1ECh. 16 - Prob. 2E
Ch. 16 - Prob. 3ECh. 16 - Prob. 4ECh. 16 - Prob. 5ECh. 16 - 6. I asked, “How’s life?” In the Gallup poll...Ch. 16 - Prob. 7ECh. 16 - Prob. 8ECh. 16 - Margin of error A TV newscaster reports the...Ch. 16 - Another margin of error A medical researcher...Ch. 16 - Conditions For each situation described below,...Ch. 16 - More conditions Consider each situation described....Ch. 16 - Conclusions A catalog sales company promises to...Ch. 16 - More conclusions In January 2002, two students...Ch. 16 - Confidence intervals Several factors are involved...Ch. 16 - Confidence intervals, again Several factors are...Ch. 16 - Cars What fraction of cars made in Japan? The...Ch. 16 - Prob. 18ECh. 16 - Prob. 19ECh. 16 - Prob. 20ECh. 16 - Prob. 21ECh. 16 - Prob. 22ECh. 16 - 23. Contributions, please The Paralyzed Veterans...Ch. 16 - Take the offer First USA, a major credit card...Ch. 16 - Teenage drivers An insurance company checks police...Ch. 16 - Junk mail Direct mail advertisers send...Ch. 16 - Prob. 27ECh. 16 - Prob. 28ECh. 16 - Prob. 29ECh. 16 - Gambling A city ballot includes a local initiative...Ch. 16 - Rickets Vitamin D, whether ingested as a dietary...Ch. 16 - Teachers A 2011 Gallup poll found that 76% of...Ch. 16 - Prob. 33ECh. 16 - Back to campus ACT, Inc. reported that 74% of 1644...Ch. 16 - Deer ticks Wildlife biologists inspect 153 deer...Ch. 16 - Prob. 36ECh. 16 - Graduation Its believed that as many as 25% of...Ch. 16 - Hiring In preparing a report on the economy, we...Ch. 16 - Prob. 39ECh. 16 - Prob. 40ECh. 16 - Prob. 41ECh. 16 - Another pilot study During routine screening, a...Ch. 16 - Prob. 43ECh. 16 - Amendment A TV news reporter says that a proposed...
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