Introduction to Business Statistics
7th Edition
ISBN: 9781111792374
Author: WEIERS
Publisher: Cengage Learning
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Chapter 4, Problem 4.55CE
A mail survey of junior executives is designed to measure how much time they spend reading The Wall Street journal each day and how the)’ feel about the newspaper’s content and layout. Formulate one question of each of the following types that might be included in the questionnaire: (a) multiple-choice; (b) dichotomous; (c) open-ended.
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The Census Bureau Web site gives several choices for "average income" in its historical income data. In 2006, the median income of American households was $48,201. The mean household income was $66,570. The median income of families was $58,407, and the mean family income was $77,315. The Census Bureau says, “Households consist of all people who occupy a housing unit. The term ‘family’ refers to a group of two or more people related by birth, marriage, or adoption who reside together.”
Identify the reason for mean incomes for households being higher than median incomes for households.
The Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's
Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining.
An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the highest component of which is 97.8 for
Food/Dining.
Ship
Seabourn Odyssey
Seabourn Pride
National Geographic Endeavor
Seabourn Sojourn
Paul Gauguin
Seabourn Legend
Seabourn Spirit
Silver Explorer
Silver Spirit
Seven Seas Navigator
Silver Whisperer
National Geographic Explorer
Silver Cloud
Celebrity Xpedition
Silver Shadow
Overall
94.4
93.0
92.9
91.3
90.5
90.3
90.2
89.9
89.4
89.2
89.2
89.1
88.7
87.2
87.2
Shore
Excursions
90.9
84.2
100.0
94.8
87.9
82.1
86.3
92.6
85.9
83.3…
The Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of
respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining. An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the
highest component of which is 97.8 for Food/Dining.
Shore
Ship
Overall
Food/Dining
Excursions
Seabourn Odyssey
94.4
90.9
97.8
Seabourn Pride
93.0
84.2
96.7
National Geographic Endeavor
92.9
100.0
88.5
Seabourn Sojourn
91.3
94.8
97.1
Paul Gauguin
90.5
87.9
91.2
Seabourn Legend
90.3
82.1
98.8
Seabourn Spirit
90.2
86.3
92.0
Silver Explorer
89.9
92.6
88.9
Silver Spirit
89.4
85.9
90.8
Seven Seas Navigator
89.2
83.3
90.5
Silver Whisperer
89.2
82.0
88.6
National Geographic…
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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- The Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining. An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the highest component of which is 97.8 for Food/Dining. Ship Overall ShoreExcursions Food/Dining Seabourn Odyssey 94.4 90.9 97.8 Seabourn Pride 93.0 84.2 96.7 National Geographic Endeavor 92.9 100.0 88.5 Seabourn Sojourn 91.3 94.8 97.1 Paul Gauguin 90.5 87.9 91.2 Seabourn Legend 90.3 82.1 98.8 Seabourn Spirit 90.2 86.3 92.0 Silver Explorer 89.9 92.6 88.9 Silver Spirit 89.4 85.9 90.8 Seven Seas Navigator 89.2 83.3 90.5 Silver Whisperer 89.2 82.0…arrow_forwardThe Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining. An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the highest component of which is 97.8 for Food/Dining. Shore Ship Overall Food/Dining Excursions Seabourn Odyssey 94.4 90.9 97.8 Seabourn Pride 93.0 84.2 96.7 National Geographic Endeavor 92.9 100.0 88.5 Seabourn Sojourn 91.3 94.8 97.1 Paul Gauguin 90.5 87.9 91.2 Seabourn Legend 90.3 82.1 98.8 Seabourn Spirit 90.2 86.3 92.0 Silver Explorer 89.9 92.6 88.9 Silver Spirit 89.4 85.9 90.8 Seven Seas Navigator 89.2 83.3 90.5 Silver Whisperer 89.2 82.0 88.6 National Geographic…arrow_forwardThe Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining. An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the highest component of which is 97.8 for Food/Dining. 1.Determine an estimated regression equation that can be used to predict the overall score given the score for Shore Excursions. (Round your numerical values to two decimal places. Let x1represent the Shore Excursions score and y represent the overall score.) 2. Consider the addition of the independent variable Food/Dining. Develop the estimated regression equation that can be used to predict the overall score given…arrow_forward
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