The following table shows the percentage of individuals in each age group who use an online tax program to prepare their federal income tax return (CompleteTax website, November 9, 2012). Age Online Tax Program (%) 18-34 16 35-44 12 45-54 10 55-64 8 65+ 2 Suppose a follow-up study consisting of personal interviews is to be conducted to deter- mine the most important factors in selecting a method for filing taxes. a. How many 18–34-year-olds must be sampled to find an expected number of at least 25 who use an online tax program to prepare their federal income tax return? b. How many 35–44-year-olds must be sampled to find an expected number of at least 25 who use an online tax program to prepare their federal income tax return? c. How many 651-year-olds must be sampled to find an expected number of at least 25 who use an online tax program to prepare their federal income tax return? d. If the number of 18–34-year-olds sampled is equal to the value identified in part (a), what is the standard deviation of the percentage who use an online tax program?

Question

The following table shows the percentage of individuals in each age group who use an online tax program to prepare their federal income tax return (CompleteTax website, November 9, 2012). Age Online Tax Program (%) 18-34 16 35-44 12 45-54 10 55-64 8 65+ 2


Suppose a follow-up study consisting of personal interviews is to be conducted to deter- mine the most important factors in selecting a method for filing taxes.

a. How many 18–34-year-olds must be sampled to find an expected number of at least 25 who use an online tax program to prepare their federal income tax return? b. How many 35–44-year-olds must be sampled to find an expected number of at least 25 who use an online tax program to prepare their federal income tax return? c. How many 651-year-olds must be sampled to find an expected number of at least 25 who use an online tax program to prepare their federal income tax return? d. If the number of 18–34-year-olds sampled is equal to the value identified in part (a), what is the standard deviation of the percentage who use an online tax program?

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