EBK BASIC BUSINESS STATISTICS
14th Edition
ISBN: 9780134685090
Author: STEPHAN
Publisher: VST
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Chapter 7, Problem 9PS
According to a report by App Annie, a business intelligence company that produces tools and reports for the apps and digital goods industry, smartphone owners are using an average of 30 apps per month.
Assume that number of apps used per month by smartphone owners is
a. what is the
b. what is the probability that the sample mean is between 28 and 32?
c. If you select a random sample of 100 smartphone owners, what is the probability that the sample mean is between 29 and 31?
d. Explain the difference in the result of (a) and (c).
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Variables
Name
avgdr
employ
educ
exerany
Label
AVG ALCOHOLIC DRINKS PER DAY IN PAST 30
EMPLOYMENT STATUS
EDUCATION LEVEL
EXERCISE IN PAST 30 DAYS
Variables
Name
wage
hours
IQ
KWW
educ
exper
tenure
age
married
black
south
urban
sibs
brthord
meduc
feduc
Label
monthly earnings
average weekly hours
IQ score
knowledge of world work score
years of education
years of work experience
years with current employer
age in years
=1 if married
=1 if black
=1 if live in south
=1 if live in SMSA
number of siblings
birth order
mother's education
father's education
Information for questions 4
•
•
Please Download "wages" from Canvas (the link to
this dataset is right below the HWA1 questions - it is
a Microsoft excel worksheet) and store it in your
favorite folder.
It contains 797 observations and 16 variables. The
"state" variable gives the names of the states
involved in this dataset.
• You need to have excel on your computer to open
this dataset.
i. You should use File > Import > Excel Spreadsheet
etc. as done in class 3 convert this file into a
Stata dataset. Once you are done, write the final
STATA code that makes the transformation of an
excel file to a STATA file possible.
ii. Write a code that will close the log file that has
been open since Question 1 part ii.
Chapter 7 Solutions
EBK BASIC BUSINESS STATISTICS
Ch. 7 - Given a normal distribution with =100and=10, if...Ch. 7 - Given a normal distribution with =50and=5, if you...Ch. 7 - For each of the following three populations,...Ch. 7 - The following data represent the number of days...Ch. 7 - The amount of water in a two-liter bottle is...Ch. 7 - The weight of an energy bar is approximately...Ch. 7 - The diameter of a brand of tennis balls is...Ch. 7 - The U.S. Census Bureau announced that the median...Ch. 7 - According to a report by App Annie, a business...Ch. 7 - According to the National Survey of Student...
Ch. 7 - In a random sample of 64 people, 48 are classified...Ch. 7 - A random sample of 50 households was selected for...Ch. 7 - The following data represent the responses (Y for...Ch. 7 - A political pollster is conducting an analysis of...Ch. 7 - You plan to conduct a marketing experiment in...Ch. 7 - What do millennials around the world want in a...Ch. 7 - The goal of corporate sustainability is to manage...Ch. 7 - Prob. 18PSCh. 7 - The topic of global warming increasingly appears...Ch. 7 - An IAB study on the state of original digital...Ch. 7 - Why is the sample mean an unbiased estimator of...Ch. 7 - Why does the standard error of the mean decrease...Ch. 7 - Why does the sampling distribution of the mean...Ch. 7 - What is the difference between a population...Ch. 7 - Under what circumstances does the sampling...Ch. 7 - An industrial sewing machine uses ball bearings...Ch. 7 - The fill amount of bottles of a soft drinks is...Ch. 7 - Prob. 28PSCh. 7 - In problem 7.28, suppose that the mean amount of...Ch. 7 - Prob. 30PSCh. 7 - The article mentioned in Problem 7.30 reported...
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