Question

Business Stats

Use the following data to answer the items.

American Time Use, Homework and Research

Series Title:

Avg hrs per day for participants - Homework and research, 18 yrs and over

Type of estimate:

Average hours per day for participants in an activity

Activity:

Homework and research

Type of Days:

All days

Age Group:

18 years and over

Years:

2008 to 2018

 

Year

Period

Estimate

Standard Error

2008

Annual

3.32

0.244

2009

Annual

3.39

0.193

2010

Annual

3.03

0.150

2011

Annual

3.21

0.185

2012

Annual

3.09

0.136

2013

Annual

3.68

0.256

2014

Annual

3.07

0.191

2015

Annual

3.61

0.233

2016

Annual

3.28

0.181

2017

Annual

3.39

0.191

2018

Annual

3.32

0.196

 

**When entering your answers, round all numbers to four decimal places.**

We can be 70% confident that for 2018, the estimated hours of homework and research for Americans 18 years and older who engaged in those activities is between

 hours (lower limit) and  hours (upper limit).

We can be 95% confident that for 2018, the estimated hours of homework and research for Americans 18 years and older who engaged in those activities is between

 hours (lower limit) and  hours (upper limit).

. (True/False). There is more variability in American’s homework and research time in 2008 than in 2018.

. (True/False). The year 2013 had the highest variability in homework and research time.

Suppose recent research found that people who do homework or research for 3.75 or more hours per day spend more money on coffee. Major coffee chain Moonbucks would like to know, with 95% certainty, if, in 2018, average Americans who do these activities spend 3.75 or more hours each day doing them, and if so, Moonbucks would like to do a marketing campaign to better reach these consumers. Should Moonbucksdo the marketing campaign?  (Yes/No).


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