Stats: Data and Models
Stats: Data and Models
5th Edition
ISBN: 9780135164013
Author: DeVeaux
Publisher: PEARSON CO
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Chapter 3, Problem 1E

a.

To determine

Find the percent of college presidents who think that higher education provides a “poor” value.

a.

Expert Solution
Check Mark

Answer to Problem 1E

There are 3% of college presidents who think that higher education provides a “poor” value.

Explanation of Solution

Given info:

The table summarizes the information about the higher education system.

The table is as follows:

 PoorOnly FairGoodExcellentDK/NATotal
U.S Adults321900750107642,142
Presidents3222262217901,055
Total3531,1221,372286643,197

Justification:

From the table the percent of college presidents think that higher education provides a “poor” value can be obtained as follows:

Total number of college presidents is 1,055 out of which 32 rated poor.

The required Percent = 321,055=3%

Thus, there are 3% of college presidents who think that higher education provides a “poor” value.

b.

To determine

Find the percent of U.S. adults who think the value provided is either good or excellent and what is the comparable percentage of college presidents.

b.

Expert Solution
Check Mark

Answer to Problem 1E

The percent of U.S. adults thinks the value provided is either good or excellent is 40%. The comparable percentage of college presidents is 75.90%.

Explanation of Solution

Calculation:

The percent of U.S. adults who think the value provided is either good or excellent is obtained as follows:

The required Percent = 750+1072,142=8572,142=40%

Thus, the percent of U.S. adults who think the value provided is either good or excellent is 40%.

The comparable percentage of college presidents is obtained as follows:

The required Percent = 622+1791,055=8011,055=75.9%

Thus, the comparable percentage of college presidents is 75.90%.

c.

To determine

Compare the distribution of opinions between U.S. adults and college presidents.

c.

Expert Solution
Check Mark

Explanation of Solution

Justification:

There are 3% of college presidents’ rate as a poor value and 15% of U.S adults’ rate as poor.

From the table, it can be calculated that there are 42% =9002,142×100%of U.S adults are likely to view college as an only fair value and 21% =2221,055×100% of Presidents are likely to view college as an only fair value. Thus, U.S. adults percentage is twice that of the presidents percentage for the rating “Only Fair”.

The Presidents who are likely to rate college as a good or excellent value is 76% which is more than U.S adults.

Thus, compared to U.S adults, college Presidents have higher opinion of the value of college.

d.

To determine

Check whether it is reasonable to conclude that 5% of all U.S adults think that the higher education system provides an excellent value or not.

d.

Expert Solution
Check Mark

Answer to Problem 1E

No, it is not reasonable to conclude that 5% of all U.S adults think that the higher education system provides an excellent value.

Explanation of Solution

Justification:

The percentage of all U.S adults think that the higher education system provides an excellent value can be obtained as follows:

The required Percent = 1072,142=4.9%

There are about 4.9% of all U.S adults think that the higher education system provides an excellent value.

Thus, the percentage of all U.S adults think that the higher education system provides an excellent value is not exactly 5% but it is close to it.

Thus, it is not reasonable to conclude that 5% of all U.S adults think that the higher education system provides an excellent value.

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Chapter 3 Solutions

Stats: Data and Models

Ch. 3 - 4. Cyber comparison shopping again Find the...Ch. 3 - Prob. 5ECh. 3 - Prob. 6ECh. 3 - Prob. 7ECh. 3 - 8. College value? revisited Here is a mosaic plot...Ch. 3 - Prob. 9ECh. 3 - Prob. 10ECh. 3 - Prob. 11ECh. 3 - Prob. 12ECh. 3 - Prob. 15ECh. 3 - Prob. 16ECh. 3 - 17. Death from the sky A recent article in...Ch. 3 - Prob. 18ECh. 3 - Prob. 19ECh. 3 - Prob. 20ECh. 3 - Prob. 21ECh. 3 - Prob. 22ECh. 3 - Prob. 23ECh. 3 - Prob. 24ECh. 3 - Prob. 25ECh. 3 - Prob. 26ECh. 3 - Prob. 27ECh. 3 - 28. A sense of identity The Pew Research survey...Ch. 3 - 29. Seniors Prior to graduation, a high school...Ch. 3 - 30. Politics Students in an Intro Stats course...Ch. 3 - Prob. 31ECh. 3 - 32. Minimum wage workers The U.S. Department of...Ch. 3 - 33. More about seniors Look again at the table of...Ch. 3 - Prob. 34ECh. 3 - Prob. 35ECh. 3 - Prob. 36ECh. 3 - Prob. 37ECh. 3 - Prob. 38ECh. 3 - Prob. 39ECh. 3 - 40. Twin births In 2000, the Journal of the...Ch. 3 - 41. Blood pressure A company held a blood pressure...Ch. 3 - 42. Obesity and exercise The Centers for Disease...Ch. 3 - Prob. 43ECh. 3 - Prob. 44ECh. 3 - 45. Drivers’ licenses 2014 The table below shows...Ch. 3 - Tattoos A study by the University of Texas...Ch. 3 - 47. Diet and politics shuffled In Exercise 5 you...Ch. 3 - 48. College values shuffled In Exercise 8 you were...Ch. 3 - 49. Hospitals Most patients who undergo surgery...Ch. 3 - 50. Delivery service A company must decide which...Ch. 3 - 51. Graduate admissions A 1975 article in the...Ch. 3 - 52. Be a Simpson Can you design a Simpson’s...
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