Introduction to Business Statistics
7th Edition
ISBN: 9781111792374
Author: WEIERS
Publisher: Cengage Learning
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Chapter 4, Problem 4.50CE
To determine
(a)
To find:
Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal
Expert Solution
Answer to Problem 4.50CE
Primary data.
Explanation of Solution
Given:
The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".
The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.
To determine
(b)
To find:
Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.
Expert Solution
Answer to Problem 4.50CE
Secondary and internal.
Explanation of Solution
Given:
The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".
The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.
To determine
(c)
To find:
Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal
Expert Solution
Answer to Problem 4.50CE
Primary data.
Explanation of Solution
Given:
The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.
The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.
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Chapter 4 Solutions
Introduction to Business Statistics
Ch. 4.2 - What is the difference between primary data and...Ch. 4.2 - A published article reports that 60% of U.S....Ch. 4.2 - A pharmaceutical finn’s annual report states that...Ch. 4.2 - Prob. 4.4ECh. 4.3 - Prob. 4.5ECh. 4.3 - Prob. 4.6ECh. 4.3 - Prob. 4.7ECh. 4.3 - Prob. 4.8ECh. 4.3 - Prob. 4.9ECh. 4.3 - Prob. 4.10E
Ch. 4.3 - Prob. 4.11ECh. 4.3 - Prob. 4.12ECh. 4.3 - Prob. 4.13ECh. 4.4 - Prob. 4.14ECh. 4.4 - Prob. 4.15ECh. 4.4 - Prob. 4.16ECh. 4.4 - Prob. 4.17ECh. 4.4 - Prob. 4.18ECh. 4.5 - What are secondary data? Differentiate between...Ch. 4.5 - Prob. 4.20ECh. 4.5 - Prob. 4.21ECh. 4.5 - Prob. 4.22ECh. 4.5 - Prob. 4.23ECh. 4.5 - Prob. 4.24ECh. 4.6 - Prob. 4.32ECh. 4.6 - Differentiate between sampling error and...Ch. 4.6 - Prob. 4.34ECh. 4.6 - Prob. 4.35ECh. 4.6 - Prob. 4.36ECh. 4.6 - Prob. 4.37ECh. 4.7 - Attendees at an industrial trade show are given...Ch. 4.7 - Prob. 4.39ECh. 4.7 - Prob. 4.40ECh. 4.7 - Prob. 4.41ECh. 4.7 - Prob. 4.42ECh. 4.7 - For each of the following situations, would you...Ch. 4.7 - Prob. 4.44ECh. 4.7 - Prob. 4.45ECh. 4.7 - Prob. 4.46ECh. 4.7 - Prob. 4.47ECh. 4.7 - Prob. 4.48ECh. 4.7 - Prob. 4.49ECh. 4 - Prob. 4.50CECh. 4 - Prob. 4.51CECh. 4 - For each of the following report titles, indicate...Ch. 4 - Prob. 4.53CECh. 4 - Prob. 4.54CECh. 4 - A mail survey of junior executives is designed to...Ch. 4 - Prob. 4.56CECh. 4 - Prob. 4.57CECh. 4 - Prob. 4.58CECh. 4 - Prob. 4.59CECh. 4 - Prob. 4.60CECh. 4 - Prob. 4.61CECh. 4 - Prob. 4.62CECh. 4 - Prob. 4.64CECh. 4 - Prob. 4.67CECh. 4 - Prob. 4.68CECh. 4 - Prob. 4.69CECh. 4 - To test the effectiveness of a new type of plastic...Ch. 4 - Prob. 4.71CECh. 4 - A college of business has 20 faculty members in...Ch. 4 - Prob. 4.73CECh. 4 - Prob. 4.74CE
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