close solutoin list

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 for Business & Economic...

12th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9781285846323
BuyFind

Statistics for Business & Economic...

12th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9781285846323

Solutions

Chapter
Section
Chapter 1, Problem 18SE
Textbook Problem

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

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

See Solution

*Response times vary by subject and question complexity. Median response time is 34 minutes and may be longer for new subjects.

Chapter 1 Solutions

Statistics for Business & Economics, Revised (MindTap Course List)
Show all chapter solutions

Additional Math Textbook Solutions

Find more solutions based on key concepts
Show solutions
(Costs in the Short Run) Identify each of the curves in the following graph:

ECON: MICRO4 (New, Engaging Titles from 4LTR Press)

Explain how credibility might affect the cost of reducing inflation.

Brief Principles of Macroeconomics (MindTap Course List)

Describe the steps Involved in the MBO process.

Foundations of Business (MindTap Course List)

What is the useful life of an asset?

College Accounting, Chapters 1-27

Is unemployment typically short-term or long-term? Explain.

Principles of Macroeconomics (MindTap Course List)

Define depreciation as it relates to a van you bought for your business.

College Accounting (Book Only): A Career Approach

If Congress increased the personal tax rate on interest, dividends, and capital gains but simultaneously reduce...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

What are the main functions of an accounting clerk?

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

Define extraneous variable and explain how extraneous variables can become confounding variables.

Research Methods for the Behavioral Sciences (MindTap Course List)

Define sampling with replacement and explain why is it used?

Statistics for The Behavioral Sciences (MindTap Course List)

Describe the purpose of a dismantling design.

Research Methods for the Behavioral Sciences (MindTap Course List)

Reminder Round all answers to two decimal places unless otherwise indicated. Earthquakes in Alaska and ChileIn ...

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

For f(x)=xx+1,f(x)=. a) 1 b) x2(x+1)2 c) 1(x+1)2 d) 1(x+1)2

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

BOYLES Law As a consequence of Boyles Law. the pressure P of a fixed sample of gas held at a constant temperatu...

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

limx0sin3xsin5x

Calculus: Early Transcendental Functions (MindTap Course List)

52. Advertisers contract with Internet service providers and search engines to place ads on websites. They pay ...

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

In Problems 14 construct a table comparing the indicated values of y(x) using Eulers method, the improved Euler...

A First Course in Differential Equations with Modeling Applications (MindTap Course List)