Question: A Bloomberg Businessweek North American subscriber study collected data from a sample of 2861 subscribers. Fifty-nine percent of the respondents indicated an annual income of

A Bloomberg Businessweek North American subscriber study collected data from a sample of 2861 subscribers. Fifty-nine percent of the respondents indicated an annual income of $75,000 or more and 50% reported having an American Express credit card.
a. What is the population of interest in this study?
b. Is annual income a categorical or quantitative variable?
c. Is ownership of an American Express card a categorical or quantitative variable?
d. Does this study involve cross-sectional or time series data?
e. Describe any statistical inferences Bloomberg Businessweek might make on the basis of the survey.

Step by Step Solution

★★★★★

3.44 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a All subscribers of Business Week in North America at the time the survey was ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

404-M-S-Q-M (1091).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

A BusinessWeek North American subscriber study collected data from a sample of 2861 subscribers. Fifty-nine percent of the respondents indicated an annual income of $75,000 or more, and 50% reported...

What factors might lead to cross sectional and time series differences in corporate tax rates, personal tax rates, and shareholder level tax rates? How do these differences affect tax planners? How...

A recent study collected data from 300 shoppers who recently purchased one or more items at Kari H Junior Fashions in the First Avenue Mall. Results of the study are reported in the histograms below....

2.2 51 Summarizing Data for a Quantitative Variable Exercises Methods 11. Consider the following data. WEB 14 19 24 19 16 20 24 20 file Frequency a. b. SELF test 21 22 24 18 17 23 26 22 23 25 25 19...

Question 10, 5.2.47-BE > points O Points: 0 of 2 son wants to invest $17,000 for 3 years and is considering two different investments. The first inv ey market fund, pays a guaranteed 5.7% interest...

19. Magazine Subscriber Survey. A Bloomberg Businessweek North American subscriber study collected data from a sample of 2861 subscribers. Fifty-nine percent of the respondents indicated an annual...

Question 21 5 pts A Bloomberg Businessweek North American subscriber study collected data from a sample of 2861 subscribers. Fifty-nine percent of the respondents indicated an annual income of...

In Merf's April 30, 20X1, balance sheet, a note receivable was reported as a noncurrent asset and the related accrued interest for eight months was reported as a current asset. Which of the following...

Calls to the 24-hour customer support line for Richman Financial Services occur randomly following a Poisson distribution with the following average rates during different hours of the day: 3. A...

19. ABusinessWeek North American subscriber study collected data from a sample of 2861 subscribers. Fifty-nine percent of the respondents indicated an annual income of $75,000 or more, and 50%...

a.Convert the following binary MAC address to hexadecimal form.Please show your working; failure to do so will only gain up tohalf marks: 11000001-01011100-00001101-00010101-11000000-01010111...

1.. You are standing 10 meters from a light source. Then, you back away from the light source until you are 20 meters away from it. From your perspective, what has happened to the intensity of the...

PSA13.10 Summarise and integrate GAAP. LO8 In the last week of semester, the accounting lecturer stated that there would definitely be a 20% essay question on GAAP in the final exam. Imagine you are...

A construction company is considering the proposed acquisition of a new earthmover. The purchase price is $100,000, and an additional $25.000 is required in order to modify the equipment for special...

Huston Systems Private Limited reports that smart traffic signals and signs can measure a passing vehicles speed. Consider the speeds of 15,717 vehicles collected as they passed 35 MPH speed limit...

In 2017, 42.54% of the nearly 2.7 million reports taken nationwide by the Federal Trade Commissions Consumer Sentinel Network dealt with instances of fraud. Consider results of a random sample of...

The Infrastructure Report Card (IRC) reports that of 614,387 U.S. bridges, 9.1% were structurally deficient as of last year. The IRC also reports that more than 1300 California bridges fall under...

Exercise 14-23 (Algorithmic) (LO. 5) In its books, Ion Corporation reports income tax expense and income tax payable of $172,960 and $216,200, respectively. Assume that Ion will be able to use only...

Hurley Inc. is a wholesaler of motorcycle parts. The company uses a perpetual inventory system, and its fiscal year ends on December 31. Hurley had the following transactions during 2012 Transactions...

This information relates to Ivanhoe Co. 1. 2. 3. 4 On April 5, purchased merchandise from Pharoah Company for $24.200 on account. On April 7. purchased equipment on account for $25,800. On April 8,...