A survey of investors finds that 60% use a full service brokerage firm to invest in stocks, 30% trade stocks online and 24% do both. What is the probability that an investor selected at random uses a full service brokerage firm or trades stocks online?
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Which of the following is not an assumption and/or conditio…
Which of the following is not an assumption and/or condition required for constructing a confidence interval for the proportion?
A researcher is conducting a study on Internet use. He decid…
A researcher is conducting a study on Internet use. He decides to first categorize the population by education level (high school, college graduate, advanced degree, etc.) and then survey a select number from each category. What is this sampling strategy called?
A researcher is conducting a study on eating disorders. Usin…
A researcher is conducting a study on eating disorders. Using a list of recent participants in the online Weight Watchers program, she randomly selects a sample from the alphabetized list. What does this list represent?
Suncast Cable offers high definition (HD) cable TV, Intern…
Suncast Cable offers high definition (HD) cable TV, Internet and phone services to its customers. For those service issues that can be resolved by calling its technical support center, Suncast’s goal is to have the problem solved within 30 minutes. In order to determine how well it is achieving this goal, they monitored calls to its technical support center over the last three months. The data compiled is shown in the table below. What is the probability that a call to the technical support center involved an issue with Internet service or was not resolved within 30 minutes? Problem Resolved? HD cable TV Internet Phone Yes 123 350 77 No 115 122 63
An advocacy group is investigating whether gender has an eff…
An advocacy group is investigating whether gender has an effect on job category in large investment firms. She surveyed a sample of firms with the results shown in the following table. What is the probability that a randomly selected employee’s job category is executive / managerial given that she is female? Job Category Male Female Clerical / Technical 85 215 Professional Staff 720 480 Executive / Managerial 400 100
As an incentive to get new customers, the local branch of a…
As an incentive to get new customers, the local branch of a bank launched “bouncing for bucks.” During this week long event, any customer opening a new checking account with the bank would have the opportunity to throw a bouncy rubber ball into a large box divided into squares. Each square was labeled with a dollar amount that would be deposited into his/her new checking account. The way the box was labeled is shown below. What is the probability that a customer does not get $50?
A consumer research group investigating the relationship bet…
A consumer research group investigating the relationship between the price of meat (per pound) and the fat content (grams) gathered data that produced the following scatterplot. Which description of the association between fat content and price is more accurate?
A magazine that publishes product reviews conducted a survey…
A magazine that publishes product reviews conducted a survey of teenagers’ preferences for cell phones. Three brands of cell phone designed specifically with teens in mind were the focus of the study. The table summarizes responses by brand and gender. What percent of teenagers preferred LG Rumor?
5. Annual rings of a tree are composed of spring wood and su…
5. Annual rings of a tree are composed of spring wood and summer wood. Spring wood is ____.