2) The ways that we communicate have been dramatically affected by the use of answering machines,...
The ways that we communicate have been dramatically affected by use of answering machines, fax machines, voice mail, and email. Suppose a sociologist wants to determine the current percentage of U.S. households using email. How many households must be surveyed in order to be 90% confident that the sample percentage is in error by no more than 4%? a.) Assume that there is no available information that can be used. Find the conservative estimate of the sample size. b.) Assume...
The ways that we communicate have been dramatically affected by use of answering machines, fax machines, voice mail, and email. Suppose a sociologist wants to determine the current percentage of U.S. households using email. How many households must be surveyed in order to be 90% confident that the sample percentage is in error by no more than 4%? a.) Assume that there is no available information that can be used. Find the conservative estimate of the sample size. (3 points)...
We are interested in the relationship between the compensation of Chief Executive Officers (CEO) of firms and the return on equity of their respective firm, using the dataset below. The variable salary shows the annual salary of a CEO in thousands of dollars, so that y = 150 indicates a salary of $150,000. Similarly, the variable ROE represents the average return on equity (ROE)for the CEO’s firm for the previous three years. A ROE of 20 indicates an average return...