Reference no: EM133040296
Scott Gerber of Young Entrepreneur Council teamed up with Buzz Marketing Group (and sponsor LegalZoom.com) to put together a survey of 1,000+ college students and recent graduates. https://www.businessinsider.com/youth-entrepreneurship-council-2011-2#
They asked questions about entrepreneurship, the economy and business aspirations.
Here are the major findings:
-36% are "sidepreneurs," i.e. they've started businesses in addition to getting their degrees
-21% Started businesses because they are unemployed.
-69% would like to work for an entrepreneur
-89% feel entrepreneurship education is important given the new economy and job market
-73% were not offered classes in entrepreneurship
-70% who took entrepreneurship classes said they were not adequateFrom the survey results, we can gather that the demand for entrepreneurship is high, and our education system isn't adapting quickly enough.
The survey was based on 1635 respondents.
Answer the following questions based only on the first finding (36% figure) above (2.0 points).
-Write a one sentence interpretation of your 95% confidence interval.
-Calculate both a 95% confidence interval and a 90% confidence interval. See directly below for how to do this. The 90% CI is the same except to change the 95 to 90. What is the difference in the width (upper - lower limits) of the 2 confidence intervals? Which confidence interval gives you a more precise estimate (smaller width)?
Prepare the income statement for the year ended december
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: They asked questions about entrepreneurship, the economy and business aspirations.
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