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A random telephone survey of 1021 adults (aged 18 and older) was conducted by Opinion Research Corporation on behalf of CompleteTax, an online tax preparation and e-filing service. The survey results showed that 684 of those surveyed planned to file their taxes electronically (CompleteTax Tax Prep Survey 2010). a. Develop a descriptive statistic that can be used to estimate the percentage of all taxpayers who file electronically. b. The survey reported that the most frequently used method for preparing the tax return is to hire an accountant or professional tax preparer. If 60% of the people surveyed had their tax return prepared this way. how many people used an accountant or professional tax preparer? c. Other methods that the person filing the return often used include manual preparation. use of an online tax service, and use of a software tax program. Would the data for the method for preparing the tax return be considered categorical or quantitative?

BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884
BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884

Solutions

Chapter
Section
Chapter 1, Problem 18SE
Textbook Problem
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A random telephone survey of 1021 adults (aged 18 and older) was conducted by Opinion Research Corporation on behalf of CompleteTax, an online tax preparation and e-filing service. The survey results showed that 684 of those surveyed planned to file their taxes electronically (CompleteTax Tax Prep Survey 2010).

  1. a. Develop a descriptive statistic that can be used to estimate the percentage of all taxpayers who file electronically.
  2. b. The survey reported that the most frequently used method for preparing the tax return is to hire an accountant or professional tax preparer. If 60% of the people surveyed had their tax return prepared this way. how many people used an accountant or professional tax preparer?
  3. c. Other methods that the person filing the return often used include manual preparation. use of an online tax service, and use of a software tax program. Would the data for the method for preparing the tax return be considered categorical or quantitative?

Expert Solution

a.

To determine

Estimate the percentage of taxpayers who file electronically.

Explanation of Solution

Calculation:

The given information is that the survey deals with the opinions about the complete tax, an online tax preparation, and e-filling service. The sample of 1,021 adults gave responses on the survey out of which 684 adults filed the taxes electronically.

The total number of adults is 1,021. The number of adults who file tax electronically is 684.

The percentage of adults who choose to file tax electronically is calculated below:

Percentage=

Expert Solution

b.

To determine

Find the number of accountant or professional tax preparer.

Expert Solution

c.

To determine

Identify whether the data are categorical data or quantitative data.

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