Does age make a difference in the amount of savings a worker feels is needed to be
Question:
Does age make a difference in the amount of savings a worker feels is needed to be secure at retirement? A study by CommSciences for Transamerica Asset Management found that .24 of workers in the 25-33 age category feel that $250,000 to $500,000 is enough to be secure at retirement. However, .35 of the workers in the 34-52 age category feel that this amount is enough. Suppose 210 workers in the 25-33 age category and 176 workers in the 34-52 age category were involved in this study. Use these data to construct a 90% confidence interval to estimate the difference in population proportions on this question.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
n 1 210 n 2 176 24 35 For a ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
Is there a difference in the amount of customers initial deposits when they open savings accounts according to geographic region of the United States? To test this question, an analyst selects...
-
Estimate with 95% confidence the difference in the amount of television (TVHOURS) watched by males and females.
-
Estimate with 99% confidence the difference in the amount of television (TVHOURS) between conservatives and liberals.
-
your client believes the share price of IBM Ltd., currently selling at $45 a share, could move substantially in either direction due to an on-going acquisition negotiation on price, which is expected...
-
Suppose that f and h are convex functionals on a convex set S in Euclidean space with f differentiable at x0 and f(x0) = h(x0) and f(x) h(x) for every x S (31) Then h is differentiable at x0, with...
-
Palm Time Inc. budgeted 6,000 step stools for June under its standard costing system. Each stool is sold for $22. Actual production for June was 6,300 stools. The company uses units of product as the...
-
Discuss the purpose of the Emergency Medical Treatment and Active Labor Act.
-
1. Do you think a country the size of Iceland a Lilliputian is more or less sensitive to the potential impacts of global capital movements? 2. Many countries have used interest rate increases to...
-
Discuss your experience with the creation of user and group accounts in other OSs such as Windows 10 or Windows Server 2019. What do you feel are some of the advantages and disadvantages of the...
-
Table 2.9 gives data on mean Scholastic Aptitude Test (SAT) scores for collegebound seniors for 19722007. These data represent the critical reading and mathematics test scores for both male and...
-
According to a study conducted for Gateway Computers, 59% of men and 70% of women say that weight is an extremely/very important factor in purchasing a laptop computer. Suppose this survey was...
-
Companies that recently developed new products were asked to rate which activities are most difficult to accomplish with new products. Options included such activities as assessing market potential,...
-
Each of the following is a major type (or category) of adjusting entries except: (a) prepaid expenses. (b) accrued revenues. (c) accrued expenses. (d) recognized revenues.
-
What do you understand are the 2 most important metrics in content marketing?Explain and justify your answer Which metrics are not related to content marketing and why? Mention at least 2
-
Raffaello Circle, an advertising agency, rents a small building and moves its media team there to make room for new copy writers. The new building is smaller than Raffaello Circle's main office, with...
-
Chapter 4 LO 2. Describe bases fro identifying target segments. LO 4. Identify the essentials of a positioning strategy. Chapter 5 LO 3. Discuss how brand communication influences consumer's...
-
Zach prided himself on his command of online resources. once he know he must begin an external research for information, he considers how trustworthy and credible various source might be. After...
-
1.Creating a tip sheet that can be use in the future that will help when developing client recommendations to improve their digital marketing strategies.It should cover a wide range of digital...
-
If a competitive industry expands and higher wages must be paid to attract more workers, then what will the long-run supply curve for this industry look like?
-
You are a Loan Officer with an Investment Bank. Today you need to set your lending parameters. They are: LTV: 55% 10 Year T-Bill: TBD Rate Markup: 300 Basis Points Term: 30 Years Amortization: 30...
-
What is the competitive firms supply curve in the short run? Long run?
-
It seems logical that restaurant chains with more units (restaurants) would have greater sales. This assumption is mitigated, however, by several possibilities: some units may be more profitable than...
-
Shown here are the labor force figures (in millions) published by Index Mundi for the country of Bangladesh over a 10-year period. Develop the equation of a trend line through these data and use the...
-
How strong is the correlation between the inflation rate and 30-year treasury yields? The following data published by Fuji Securities are given as pairs of inflation rates and treasury yields for...
-
A business provides services valued at 1 1 0 0 and sends an invoice to the client. The client has promised to pay in one month. which two accounts will be affected?
-
Rushing's financial statements were finalized on March 3, 2025. Required: 1. What amount(s) if any, related to the situations described should Rushing report among current liabilities in its balance...
-
Monroe Company produces and sells three products. Information regarding these three products for 2024, the most recent year, is provided below: selling price per unit Product #1 $26 variable costs...
Study smarter with the SolutionInn App