1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sladkaya [172]
4 years ago
6

One of the questions in the Pew Internet & American Life Project asked adults if they used the Internet at least occasionall

y (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.
Round your answers to four decimal places.
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. 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.
Business
1 answer:
g100num [7]4 years ago
4 0

Answer:

Explanation:

S/N   Age range       Adult Population       Population Internet Users

A       18   -    29                 478                                 454

B       30   -    49                833                                 741

C       50 and above         1644                                1058

             Total                     2955                               2253

a) Let E = Estimate proportion and A = Internet users

Hence, n(E) = 478 and n(A) = 454

∴ Probability of Internet users (18 - 29), P(A) = n(A)/n(E) = 454/478 = 0.9498 (94.98%)

b) n(E) = 833 and n(B) = 741

∴ Probability of Internet users (30 - 49), P(B) = n(A)/n(E) = 741/833 = 0.8896 (88.96%)

c) n(E) = 1644 and n(C) = 1058

∴ Probability of Internet users (50 and above), P(C) = n(C)/n(E) = 1058/1644 = 0.6436 (64.36%)

d) Let Et = Total estimate proportion

Hence, n(Et) = 2955 and n(A) = 454

∴ Probability of 18 - 29 age range using Internet overall Pt(A) = n(A)/n(Et) = 454/2955 = 0.1536 (15.36%)

You might be interested in
Research Company sells merchandise with a one year warranty. In the current year, sales consisted of 2,044 units. It is estimate
Greeley [361]

Answer:

A) $6,745.20

Explanation:

The total warrant liability should equal to the number of units sold times the estimated warranty repairs per unit = 2,044 units sold x $11 per unit = $22,484

Current year's warranty expenses = total warranty liability x 30% = $6,745.20

Research company must debit $6,745.20 to the warranty expense account (which is included in the income statement).

7 0
4 years ago
Which area of study involves microeconomics?
Mazyrski [523]

Answer:

The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.

Explanation:

5 0
3 years ago
Read 2 more answers
________ are defined as organized cognitive representations of the key elements within a team's environment that team members sh
Allushta [10]

Answer:

<u>A) Path-goal models</u>

Explanation:

  • A path growth model is a theory that is based on specifying the leadership style or the behavior that best the employe and the work environment so as in order to achieve the goal.
  • The theory identifies the achievement-oriented, and the directive, the participative and the supportive leader which works with the team to best achieve the task, and has is adjustable and shows concern of r the employees of the group.
4 0
3 years ago
Variations in each product a firm markets in its mix are referred to as the _____ of its product mix.
Allisa [31]
Answer:  "depth" .
____________________________________
3 0
3 years ago
India has 3 GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. Theexchange rate is 50 rupees per US. dollar.
vekshin1

Answer:

Indian rupee in US dollars = $418

Explanation:

given data

India GDP = 23,000 billion

exchange rate = 50 rupees per US

population = 1.1 billion

solution

we get here GDP per capita as

GDP per capita = India GDP ÷ population

GDP per capita  = \frac{23000}{1.1}  

GDP per capita  = 20909 rupees

so here we Convert Indian rupee in US dollars that is with exchange rate

Indian rupee in US dollars = GDP per capita  ÷ exchange rate

Indian rupee in US dollars = \frac{20909}{50}  

Indian rupee in US dollars = $418

7 0
3 years ago
Other questions:
  • As the VP of Global Marketing, what business objective do you want Holden Evan to achieve in Tuatara? Any choice will bring its
    5·1 answer
  • Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for $100 each. It costs Madely
    8·1 answer
  • "Elkhorn, Inc., which has excess capacity, received a special order for 4,000 units at a price of $15 per unit. Currently, produ
    13·1 answer
  • Harold borrows $20,000 from Alex and signs a note promising to pay Alex this amount plus interest in one year. Alex negotiates t
    11·1 answer
  • What effect does the entry of new firms have on the economic profits of existing​ firms? When new firms enter a monopolistically
    8·1 answer
  • Nessca Solutions Inc. recently created a hardware and software system for transmitting data between different departments within
    13·1 answer
  • Athena Company provides employee health insurance that costs $15,400 per month. In addition, the company contributes an amount e
    7·1 answer
  • If OSHA's regulations are not obeyed, what can OSHA do
    10·1 answer
  • When you speak with a successful and accomplished professional to seek out career advice, it is referred to asMultiple Choicea j
    9·1 answer
  • Firms do not usually get rewarded by diversifying investments in different lines of business because ________
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!