Mathematics
Mathematics, 23.10.2020 03:01, meababy2009ow9ewa

In 2015, as part of its 10th high school reunion, the class of 2005 held a reception at the high school. In an informal survey, the principal of the high school asked 50 of the attendees about their income. The principal computed the mean income of the 50 attendees to be $148,535. In an article published by the local newspaper, the principal was quoted as stating, "The members of our class of 2005 enjoyed resounding success. Last year, they had a mean income of $148,535!" Part A: What is a statistical advantage of using the median of the reported incomes, rather than the mean, as the estimate of the typical income? (4 points)

Part B: The principal felt the individuals who attended the reception may be different from the class as a whole. A more detailed survey of the class was planned to determine a better estimate of income. The staff developed two methods based on the available funds to carry out the survey.

Method 1: Send out an e-mail to all 2,476 members of the class and ask them to complete an online form. The staff estimates that at least 500 members will respond.

Method 2: Select a simple random sample of members of the class and directly contact the selected members by phone. Follow up to ensure all responses are obtained. Because method 2 requires more time than method 1, the staff estimates only 100 members of the class can be contacted using method 2.

Which of the two methods would you select for estimating the average yearly income of all 2,476 members of the class of 2005? Explain your reasoning by comparing the two methods and by describing the effect of each method on the estimate. (6 points)

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 21:10, awuaheric
(x-5)1/2+5=2 what is a possible solution?
Answers: 1
image
Mathematics, 21.06.2019 22:00, annadson4589
Ascientist has 50 grams of a radioactive element. the amount of radioactive element remaining after t days can be determined using the equation (1) after two days the scientist receives a second shipment of 50 grams of the same element. the equation used to represent the amount of shipment 2 remaining after t days is 10) - 50 which of the following is an equivalent form of the expression for the amount remaining in shipment 2? what’s the answer?
Answers: 2
image
Mathematics, 21.06.2019 22:00, erikacastro5404
The point of intersection of the diagonals of a rectangle is 4 cm further away from the smaller side then from the larger side of the rectangle. the perimeter of the rectangle is equal to 56 cm. find the lengths of the sides of the rectangle. 16 points answer quick
Answers: 1
image
Mathematics, 22.06.2019 00:00, jetskiinbunny31
The statements below can be used to prove that the triangles are similar. ? △abc ~ △xyz by the sss similarity theorem. which mathematical statement is missing? ∠b ≅ ∠y ∠b ≅ ∠z
Answers: 2
Do you know the correct answer?
In 2015, as part of its 10th high school reunion, the class of 2005 held a reception at the high sch...

Questions in other subjects:

Konu
English, 05.12.2020 01:30
Konu
History, 05.12.2020 01:30
Konu
Mathematics, 05.12.2020 01:30