Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)
6th Edition
ISBN: 9780357191484
Author: David R. Anderson; Dennis J. Sweeney; Thomas A. Williams
Publisher: Cengage Learning US
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 7.8, Problem 38E

Martina Levitt, director of marketing for the messaging app Spontanversation, has been assigned the task of profiling users of this app. Assume that individuals who have downloaded Spontanversation use the app an average of 30 times per day with a standard deviation of 6.

  1. a. What is the sampling distribution of x ¯ if a random sample of 50 individuals who have downloaded Spontanversation is used?
  2. b. What is the sampling distribution of x ¯ if a random sample of 500,000 individuals who have downloaded Spontanversation is used?
  3. c. What general statement can you make about what happens to the sampling distribution of x ¯ as the sample size becomes extremely large? Does this generalization seem logical? Explain.
Blurred answer

Chapter 7 Solutions

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)

Ch. 7.3 - 15. The National Football League (NFL) polls fans...Ch. 7.3 - AARP Survey. In a sample of 426 U.S. adults age 50...Ch. 7.3 - 17. One of the questions in the Pew Internet &...Ch. 7.3 - In this section we showed how a simple random...Ch. 7.5 - 19. A population has a mean of 200 and a standard...Ch. 7.5 - Prob. 16ECh. 7.5 - 21. Suppose a random sample of size 50 is selected...Ch. 7.5 - Refer to the EAI sampling problem. Suppose a...Ch. 7.5 - In the EAI sampling problem (see Figure 7.8), we...Ch. 7.5 - 24. Barron’s reported that the average number of...Ch. 7.5 - The average full-sized front-loading Energy Star...Ch. 7.5 - Federal Income Tax Returns. The Wall Street...Ch. 7.5 - 27. The Economic Policy Institute periodically...Ch. 7.5 - State Rainfalls. The state of California has a...Ch. 7.5 - The mean preparation fee H&R Block charged retail...Ch. 7.5 - 30. To estimate the mean age for a population of...Ch. 7.6 - 31. A sample of size 100 is selected from a...Ch. 7.6 - 32. A population proportion is .40. A sample of...Ch. 7.6 - Prob. 29ECh. 7.6 - 34. The population proportion is .30. What is the...Ch. 7.6 - Prob. 31ECh. 7.6 - 36. The Wall Street Journal reported that the age...Ch. 7.6 - Seventy two percent of American adults have read a...Ch. 7.6 - Unnecessary Medical Care. According to Reader’s...Ch. 7.6 - Thirty-six percent of all Americans drink bottled...Ch. 7.6 - Prob. 36ECh. 7.6 - 41. The Food Marketing Institute shows that 17% of...Ch. 7.8 - Martina Levitt, director of marketing for the...Ch. 7.8 - Consider the Spontanversation sampling problem for...Ch. 7.8 - The Wall Street Journal reported that 37% of all...Ch. 7.8 - The vice president of sales for Blasterman...Ch. 7 - Shadow Stocks. Jack Lawler, a financial analyst,...Ch. 7 - 43. The latest available data showed health...Ch. 7 - 44. Foot Locker uses sales per square foot as a...Ch. 7 - 45. Allegiant Airlines charges a mean base fare of...Ch. 7 - 46. After deducting grants based on need, the...Ch. 7 - Prob. 47SECh. 7 - Prob. 48SECh. 7 - Production Quality Control. A production process...Ch. 7 - Prob. 50SECh. 7 - Prob. 51SECh. 7 - Prob. 52SECh. 7 - Prob. 53SECh. 7 - 54. Lori Jeffrey is a successful sales...Ch. 7 - Managerial Report Prepare a managerial report that...
Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Text book image
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License