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Essentials of Statistics for Business and Economics, Loose-leaf Version
8th Edition
ISBN: 9781337114196
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Textbook Question
Chapter 7.3, Problem 17E
One of the questions in the Pew Internet & American Life Project asked adults if they used the Internet at least occasionally (Pew website, October 23, 2012). The results showed that 454 out of 478 adults aged 18–29 answered Yes; 741 out of 833 adults aged 30–49 answered Yes; 1058 out of 1644 adults aged 50 and over answered Yes.
- a. Develop a point estimate of the proportion of adults aged 18–29 who use the Internet.
- b. Develop a point estimate of the proportion of adults aged 30–49 who use the Internet.
- c. Develop a point estimate of the proportion of adults aged 50 and over who use the Internet.
- d. Comment on any relationship between age and Internet use that seems apparent.
- e. Suppose your target population of interest is that of all adults (18 years of age and over). Develop an estimate of the proportion of that population who use the Internet.
Expert Solution & Answer
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Chapter 7 Solutions
Essentials of Statistics for Business and Economics, Loose-leaf Version
Ch. 7.2 - Consider a finite population with five elements...Ch. 7.2 - Assume a finite population has 350 elements. Using...Ch. 7.2 - Industrial Stock Performance. Fortune publishes...Ch. 7.2 - The 10 most active stocks on the New York Stock...Ch. 7.2 - A student government organization is interested in...Ch. 7.2 - 6. The County and City Data Book, published by the...Ch. 7.2 - 7. Assume that we want to identify a simple random...Ch. 7.2 - 8. The following stocks make up the Dow Jones...Ch. 7.2 - 9. The Wall Street Journal provides the net asset...Ch. 7.2 - 10. Indicate which of the following situations...
Ch. 7.3 - The following data are from a simple random...Ch. 7.3 - Prob. 12ECh. 7.3 - 13. A sample of 5 months of sales data provided...Ch. 7.3 - 14. Morningstar publishes ratings data on 1208...Ch. 7.3 - The National Football League (NFL) polls fans to...Ch. 7.3 - 16. A sample of 426 U.S. adults age 50 and older...Ch. 7.3 - 17. One of the questions in the Pew Internet &...Ch. 7.5 - 18. A population has a mean of 200 and a standard...Ch. 7.5 - A population has a mean of 200 and a standard...Ch. 7.5 - 20. Assume the population standard deviation is σ...Ch. 7.5 - 21. Suppose a random sample of size 50 is selected...Ch. 7.5 - Sampling Distribution for Electronic Associates,...Ch. 7.5 - Finding Probabilities for Electronic Associates,...Ch. 7.5 - Barrons reported that the average number of weeks...Ch. 7.5 - Prob. 25ECh. 7.5 - Prob. 26ECh. 7.5 - The Economic Policy Institute periodically issues...Ch. 7.5 - 28. The state of California has a mean annual...Ch. 7.5 - 29. The mean preparation fee H&R Block charged...Ch. 7.5 - To estimate the mean age for a population of 4000...Ch. 7.6 - A sample of size 100 is selected from a population...Ch. 7.6 - 32. A population proportion is .40. A sample of...Ch. 7.6 - Prob. 33ECh. 7.6 - 34. The population proportion is .30. What is the...Ch. 7.6 - Orders from First-Time Customers. The president of...Ch. 7.6 - The Wall Street Journal reported that the age at...Ch. 7.6 - Prob. 37ECh. 7.6 - Unnecessary Medical Care. According to Readers...Ch. 7.6 - Prob. 39ECh. 7.6 - 40. The Grocery Manufacturers of America reported...Ch. 7.6 - 41. The Food Marketing Institute shows that 17% of...Ch. 7 - Shadow Stocks. Jack Lawler, a financial analyst,...Ch. 7 - The latest available data showed health...Ch. 7 - 44. Foot Locker uses sales per square foot as a...Ch. 7 - Allegiant Airlines charges a mean base fare of 89....Ch. 7 - After deducting grants based on need, the average...Ch. 7 - Prob. 47SECh. 7 - Survey Research Results. A researcher reports...Ch. 7 - Production Quality Control. A production process...Ch. 7 - Australians and Smoking. Reuters reports that 15...Ch. 7 - 51. A market research firm conducts telephone...Ch. 7 - Advertisers contract with Internet service...Ch. 7 - The proportion of individuals insured by the...Ch. 7 - Lori Jeffrey is a successful sales representative...Ch. 7 - Managerial Report Prepare a managerial report that...
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