User Account

All Pages

Describe the role of statistics in the news article

Assignment Help Business Economics
Reference no: EM133077489

Research a news article or website that provides data sets and statistical report information such as the United States Census Bureau (Links to an external site.), the U.S. Energy Information Administration (Links to an external site.), the Centers for Disease Control and Prevention's National Center for Health Statistics (Links to an external site.), or the National Center for Education Statistics

 

  • Describe the role of statistics in the news article or report.
  • What was the population of the study?
  • What was the sample?
  • Do you believe the statistical results are believable and meaningful?
  • Use the Eight Guidelines for Evaluating a Statistical Study mentioned in Chapter 5B to explain why the results are believable and meaningful (or why not).
  • What sorts of statistics (e.g., graphical, non-graphical, hypotheses, correlation, averages, etc.) were used in the report?
  • How was the data distributed?
  • How are distribution and variation important in any statistical study?
  • Was any margin of error mentioned in the report?
  • If no margin of error was mentioned, then assume that it is 2%. Interpret the margin of error in terms of 95% confidence interval.

Reference no: EM133077489

Questions Cloud

Political and regulatory implications on technology : Explain and provide examples of the political and regulatory implications on technology and how they can be managed when globally deploying new applications.
Efficient risks faced by apple : What are some of Efficient Risks faced by Apple
What is a business cycle : What is a business cycle? How much economic instability has the U.S. experienced? Cite some examples.
Containerization and economic globalization : What is the connection between containerization and economic globalization?
Describe the role of statistics in the news article : Research a news article or website that provides data sets and statistical report information such as the United States Census Bureau (Links to an external site
Compute the new balance of shareholder equity : Journalize the following transactions and compute the new balance of Shareholder's Equity - 5,000 shares were reacquired
What is the population of the people : i. According to Australia Bureau of Statistics, in 2020 the population of Australia is about 25.6 million. The adult population over the age above 15 years was
Company strategic priorities : A company's strategic priorities must drive how capital allocations are made and the size of each unit's operating budget.
Describe the coase theorem : Problem 1. Radish farmer's cost function is given as follows:

Reviews

Write a Review

Business Economics Questions & Answers

  What would be the full economic price of this legislation

From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks’ ATM machines. What would be the f..

  Which entry-deterring behavior is most often used

Of the six possibilities, which entry-deterring behavior is most often used? Explain why you think that strategy was chosen most often? If you were the CEO of a firm, which entrydeterring behavior would you prefer to use? Explain, and be specific.

  Concept of asymmetric information

How does it relate to the concept of asymmetric information about knowing what the seller is willing to tell you about the condition of a product?

  Explain the economic consequences of such a course of action

Government A decides it wants to eliminate poverty and unemployment by immediately issuing 50,000 dollars/yr to all unemployed citizens. All said citizens receiving the 50,000 per year under this government are thereby not considered unemployed. Expl..

  Should the company buy or lease the fleet of trucks

Should the company buy or lease the fleet of trucks that it uses to transport it's products to market?

  Lean burgers drive

Lean Burger's drive through receives 20 customers in every ten minutes of business time.

  What is amazon doing to achieve allocative efficiency

What is amazon doing to achieve allocative efficiency? How is Amazon achieving or working towards allocative efficiency? (i.e. process to reduce time/waste)

  Employed more instructors and used fewer surfboards

Felix runs a surfing school on the North Shore of Oahu. He has two inputs: surfboards, which he rents from a local shop for $10 per day, and surfing instructors, whom he hires for $40 per day. Felix could lower his costs without reducing his output i..

  Market supplied by a small number of large firms

Explicate why the cost structure associated with many kinds of information goods also services might imply a market supplied by a small number of large firms.

  Calculate profit maximizing price for coke and for pepsi

Calculate Profit Maximizing price for Coke and for Pepsi Using those prices, MC, and the optimal pricing formula above, calculate the price elasticity of demand

  Calculate the profitmaximising price-quantity pair

Suppose the monopolist can charge different prices across customers. Calculate the profitmaximising price-quantity pair for each customer.

  Economys macro equilibrium position

Suppose aggregate supply shifts to the left by $2,000 at each price level. What happens to the economy's macro equilibrium position? Suppose aggregate demand shifts to the right by $4,000 at each price level. What happns to the economy's macro equili..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd