Refusal rate in telephone polls is known to be approximately 20%. A newspaper report indicates that 50
Question:
Refusal rate in telephone polls is known to be approximately 20%. A newspaper report indicates that 50 people were interviewed before the first refusal.
(a) Comment, on the validity of the report. Use a probability in your argument.
(b) What is the expected number of people interviewed before a refusal?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
a The number of people interviewed b...View the full answer
Answered By
RADHIKA MEENAKAR
I am a qualified indian Company Secretary along with Masters in finance with over 6 plus years of professional experience. Apart from this i am a certified accounts and finance tutor on many online platforms.
My Linkedin profile link is here https://www.linkedin.com/in/radhika-meenakar-88b9808a/
5.00+
12+ Reviews
22+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Comment on the validity of this statement: "Governments always benefit from inflation."
-
Comment on the validity of the results of Atterberg limits on soils G and H.>
-
The reaction, A B + C, is known to be zero order in A with a rate constant of 6.10 x 104 M/s at 25.0 C. An experiment was run at 25.0 C where (Alo = 9.80 M. What is the reaction rate after 180....
-
At the end of its second year of operation, Jacobs Financial Advisors, Inc., had the trial balance that follows. The following information is also available: a. Office supplies on hand, December 31,...
-
A 3.5-k resistor and a 3.0-F capacitor are connected in series to an ac source. Calculate the impedance of the circuit if the source frequency is (a) 60 Hz, and (b) 60,000 Hz.
-
Suppose you observed 10 people at dinner and recorded what type of beverage they drank: Participant 1: Pepsi Participant 6: Water Participant 2: Orange juice Participant 7: Water Participant 3:...
-
You think that a candidates probability of winning the next election is about 0.65. Classify the statement as an example of classical probability, empirical probability, or subjective probability....
-
Assume you work at a regional state university whose traditional target market, high school students within your region, is shrinking and projections are that this segment will decrease approximately...
-
What is the importance of a comprehensive root cause analysis (RCA) following a safety incident or near-miss? How do RCA techniques contribute to continuous improvement and the prevention of future...
-
A thin rod of length L has its two ends connected to two walls which are maintained at temperatures T1 and T2, respectively. The rod loses heat to the environment at T by convection. Derive an...
-
Computer technology has produced an environment in which "robots" operate with the use of microprocessors. The probability that a robot fails during any 6 hour shift is 0.10. What is the probability...
-
During a manufacturing process 15 units are randomly selected each day from the production line to check the percent defective. From historical information it is known that the probability of a...
-
On January 1, Year 1, Spectrum Fabricators Inc. issues $20 million of convertible bonds at par value. The bonds have a stated annual interest rate of 6 percent, pay interest annually, and come due...
-
Fill in the amounts (numbers) for each asset, liability, and equity category. Be sure to enter commas as needed in the numbers. For each entry labeled "total," you will need to do the math (addition)...
-
The objective is to discuss cost vs. price vs. value issues. A significant portion of my studies so far have revolved around situations in which the firm making the decision does not need to consider...
-
Company A sells clothes. The gross profit margin is 25%. If Company A decides to take a 10% price cut, in order to keep the same profits, how much do sales volume need to increase?
-
QUESTION IO.17 (Applicationofdecline invaluemethods) George Bensonisa45-year-oldresident taxpayerwhohasconducted businessasanITProgrammerfor8yearsandhasannualturnover below...
-
Research and critically discuss on the statement that" budgeting is a both technical and political process." Requirements: Part B needs to be written in a formal report format consisting of executive...
-
If Supreme Healthcare sells its receivables to the SPE, its consolidated fi nancial results will most likely show: A. a higher revenue for 2018. B. the same cash balance at December 31, 2018. C. the...
-
2.) Find the Laplace transform of f(t) 7e-St cos 2t +9 sinh2 2t. Use Laplace Table. %3D
-
A technician breadboards the adder/subtractor of Figure 6-14. During testing, she finds that whenever an addition is performed, the result is 1 more than expected, and when a subtraction is...
-
For the curved beam shown, F = 30 kN. The material is steel with E = 207 iGPa and G = 79 GPa. Determine the relative deflection of the applied forces. 50 40 10 Section A-A (All dimensions in...
-
For the curved beam shown, F = 30 kN. The material is steel with E = 207 GPa and G = 79 GPa. Determine the relative deflection of the applied forces. 40 50 10 Section A-A (All dimensions in...
-
A thin ring is loaded by two equal and opposite forces F in part a of the figure. A free-body diagram of one quadrant is shown in part b. This is a statically indeterminate problem, because the...
-
Characterize the nature of motivation, including its importance and focus Identify and describe the need theories on motivation. Identify and describe the behavior theories on motivation. Identify...
-
Calculate the amount that Astrid should withdraw from her college savings fund of $21000 if she wishes to withdraw equal amounts at the end of each month for four years. The annual nominal interest...
-
Jason borrows $ 10300 for the next 4 years at a variable interest rate. Assume that the interest accumulates for 4 years at an annual nominal rate of 11% compounded quarterly. Calculate the...
Study smarter with the SolutionInn App