Basic Business Statistics, Student Value Edition (13th Edition)
Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 8, Problem 56PS

A market researcher for a consumer electronics company wants to study the media viewing behavior of residents of a particular area. A random sample of 40 respondents is selected, and each respondent is instructed to keep a detailed record of time spent engaged viewing content across all screens (traditional TV, DVD/Blu-ray, game console, Internet on a computer, video on a computer, video on a mobile phone) in a particular week. The results are as follows:

Content viewing time per week: X ¯ = 41 hours, S = 3.5 hours.

30 respondents have high de�nition (HD) on at least one television set.

a. Construct a 95 % con�dence interval estimate for the mean content viewing time per week in this area.

b. Construct a 95 % con�dence interval estimate for the population of residents who have HD on at least television set. Suppose that the market researcher wants to take another survey in a different location. Answer these questions:

Suppose that the market researcher wants to take another survey in a different location. Answer these questions:

c. What sample size is required to be 95 % conï¬�dent of estimating the population mean content viewing time to within ± 2 hours assuming that the population standard deviation is equal to 5 hours?

d. How many respondents need to be selected to be 95 % conï¬�dent of being within ± 0.06 of the population proportion who have HD on at least television set if no previous estimate is available?

e. Based on (c) and (d). how many respondents should the market researcher select if a single survey is being conducted?

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Chapter 8 Solutions

Basic Business Statistics, Student Value Edition (13th Edition)

Ch. 8 - If X=75,S=24,andn=36, and assuming that the...Ch. 8 - Determine the critical value of t in each of the...Ch. 8 - Assuming that the populations is normally...Ch. 8 - Assuming that the population is normally...Ch. 8 - A marketing researcher wants to estimate the mean...Ch. 8 - A survey of nonpro�t organizations showed that...Ch. 8 - The U.S. Department of Transportation requires...Ch. 8 - Prob. 18PSCh. 8 - The �le Sedans contains the overall miles per...Ch. 8 - The file SUV contains the overall MPG of 2013...Ch. 8 - Is there a difference in the yields of different...Ch. 8 - One of the major measures of the quality of...Ch. 8 - A manufacturing company produces electric...Ch. 8 - Prob. 24PSCh. 8 - One operation of a mill is cut pieces of steel...Ch. 8 - Ifn=200andX=50, Construct a 95 confidence interval...Ch. 8 - ifn=400andX=25, Construct a 99 confidence interval...Ch. 8 - A cellphone provider has the business objective of...Ch. 8 - In a survey of 3,773 travelers, 1,509 said that...Ch. 8 - Prob. 30PSCh. 8 - Prob. 31PSCh. 8 - Prob. 32PSCh. 8 - What are the factors that influence technology...Ch. 8 - If you want to be 95 confident of estimating the...Ch. 8 - If you want to be 99 confident of estimating of...Ch. 8 - If you want to be 99 confident of estimating the...Ch. 8 - If you want to be 95 confident of estimating the...Ch. 8 - A survey is planned to determine the mean annual...Ch. 8 - If the manager of a bottled water distributor...Ch. 8 - Prob. 40PSCh. 8 - If the inspection division of a county weights and...Ch. 8 - Prob. 42PSCh. 8 - Prob. 43PSCh. 8 - A growing niche in the restaurant business is...Ch. 8 - What advertising medium is most influential in...Ch. 8 - A survey of 300 U.S. online shoppers was...Ch. 8 - Prob. 47PSCh. 8 - According to a new study released by Infosys. a...Ch. 8 - Prob. 49PSCh. 8 - Why can you never really have 100 confidence of...Ch. 8 - When should you use the t distribution to develop...Ch. 8 - Why is it true that for a given sample size, n an...Ch. 8 - Why is the sample size needed to determine the...Ch. 8 - The Pew Internet Project survey of 2,253 American...Ch. 8 - Prob. 55PSCh. 8 - A market researcher for a consumer electronics...Ch. 8 - Prob. 57PSCh. 8 - Prob. 58PSCh. 8 - A national association devoted to human resource...Ch. 8 - The financial impact of IT system downtime is a...Ch. 8 - The branch manager of an outlet (Store 1) of a...Ch. 8 - Scarlett and Heather, the owners of an upscale...Ch. 8 - The manufacturer of Ice Melt claims that its...Ch. 8 - Claims fraud (illegitimate claims) and buildup...Ch. 8 - A quality characteristic of interest for a...Ch. 8 - Prob. 66PSCh. 8 - The manufacturer of Boston and Vermont asphalt...Ch. 8 - The manufacturer of Boston and Vermont asphalt...Ch. 8 - Referring to the results in Problem 8.66...
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