Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
7th Edition
ISBN: 9781337298353
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: South-Western College Pub
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 4, Problem 46SE

A USA Today survey of adults aged 18 and older conducted by Princess Cruises asked how many days into a vacation it takes until respondents feel truly relaxed. The responses as follows: 422-a day or less; 181-2 days; 80-3 days; 121-4 or more days; and 201 -never feel relaxed.
  a. How many adults participated in the Princess Cruises survey?
  b. What has the highest probability? What is the probability of this response?
  c.What is the probability a respondent never feels truly relaxed on a vacation?
  d. What is the probability it takes a respondent 2 or more days to feel truly relaxed?

Expert Solution
Check Mark
To determine

(a)

To find:

Number of adults participated in the Princess Cruises survey.

Answer to Problem 46SE

Total 1005 adults participated in the Princess Cruises survey.

Explanation of Solution

The responses in table form is shown below. To find probability, simply divide each count by total count (relative frequency method).

ResponseCountProbability
A day or less4224221005=0.42
2 days1811811005=0.18
3 days80801005=0.08
4 or more days1211211005=0.12
Never feel relaxed2012011005=0.20
Total1005

From above table, total 1005 adults participated in the Princess Cruises survey.

Expert Solution
Check Mark
To determine

(b)

To find:

Response which has the highest probability and the probability.

Answer to Problem 46SE

Response "a day or less" has the highest probability and the probability.

Explanation of Solution

The responses in table form is shown below. To find probability, simply divide each count by total count (relative frequency method).

ResponseCountProbability
A day or less4224221005=0.42
2 days1811811005=0.18
3 days80801005=0.08
4 or more days1211211005=0.12
Never feel relaxed2012011005=0.20
Total1005

From above table, response "a day or less" has the highest probability of 0.42.

Expert Solution
Check Mark
To determine

(c)

To find:

The probability that a respondent never feels truly relaxed on a vacation.

Answer to Problem 46SE

The probability that a respondent never feels truly relaxed on a vacation is 0.2.

Explanation of Solution

The responses in table form is shown below. To find probability, simply divide each count by total count (relative frequency method).

ResponseCountProbability
A day or less4224221005=0.42
2 days1811811005=0.18
3 days80801005=0.08
4 or more days1211211005=0.12
Never feel relaxed2012011005=0.20
Total1005

From above table, the probability that a respondent never feels truly relaxed on a vacation is 0.2.

Expert Solution
Check Mark
To determine

(d)

To find:

The probability it takes a respondent 2 or more days to feel truly relaxed.

Answer to Problem 46SE

The probability it takes a respondent 2 or more days to feel truly relaxed is 0.38.

Explanation of Solution

The responses in table form is shown below. To find probability, simply divide each count by total count (relative frequency method).

ResponseCountProbability
A day or less4224221005=0.42
2 days1811811005=0.18
3 days80801005=0.08
4 or more days1211211005=0.12
Never feel relaxed2012011005=0.20
Total1005

From above table, the probability it takes a respondent 2 or more days to feel truly relaxed is:

  P(2 or more days)=P(2 days)+P(2 days)+P(4 or more days)=0.18+0.08+0.12=0.38

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Chapter 4 Solutions

Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)

Ch. 4.1 - A Gallup Poll of U.S. adults indicated that...Ch. 4.1 - The Powerball lottery is played twice each week in...Ch. 4.1 - A company that manufactures toothpaste is studying...Ch. 4.2 - Prob. 14ECh. 4.2 - Consider the experiment of selecting a playing...Ch. 4.2 - Consider the experiment of rolling a pair of dice....Ch. 4.2 - Refer to the KP&L sample points and sample point...Ch. 4.2 - Prob. 18ECh. 4.2 - Do you think global warming will have an impact on...Ch. 4.2 - Junior Achievement USA and the Allstate Foundation...Ch. 4.2 - Data on U S. work-related fatalities by cause...Ch. 4.3 - Prob. 22ECh. 4.3 - Suppose that we have a sample space...Ch. 4.3 - Clarkson University surveyed alumni to learn more...Ch. 4.3 - Prob. 25ECh. 4.3 - Information about mutual funds provided by...Ch. 4.3 - Prob. 27ECh. 4.3 - A survey of magazine subscribers showed that 45.8%...Ch. 4.3 - Prob. 29ECh. 4.4 - Suppose that we have two events, A and B, with...Ch. 4.4 - Prob. 31ECh. 4.4 - Consider the following example survey results of...Ch. 4.4 - Prob. 33ECh. 4.4 - The Bureau of Transportation Statistics reports...Ch. 4.4 - To better understand how husbands and wives feel...Ch. 4.4 - Prob. 36ECh. 4.4 - A joint survey by Parade magazine and Yahoo! found...Ch. 4.4 - The Institute for Higher Education Policy, a...Ch. 4.5 - The prior probabilities for events A1 and A2 are...Ch. 4.5 - Prob. 40ECh. 4.5 - A consulting firm submitted a bid for a large...Ch. 4.5 - A local bank reviewed its credit card policy with...Ch. 4.5 - In August 2012, tropical storm Isaac formed in the...Ch. 4.5 - ParFore created a website to market golf equipment...Ch. 4.5 - The percentage of adult users of the Internet who...Ch. 4 - A USA Today survey of adults aged 18 and older...Ch. 4 - A financial manager made two new investments—one...Ch. 4 - Below are the results of a survey of 1364...Ch. 4 - A study of 31,000 hospital admissions in New York...Ch. 4 - Prob. 50SECh. 4 - Prob. 51SECh. 4 - Prob. 52SECh. 4 - Refer again to the data from the MBA new...Ch. 4 - The Pew Internet & American Life project conducted...Ch. 4 - A large consumer goods company ran a television...Ch. 4 - Cooper Realty is a small real estate company...Ch. 4 - A company studied the number of lost-time...Ch. 4 - According to the Open Doors Report, 9.5% of all...Ch. 4 - An oil company purchased an option on land in...Ch. 4 - A study reported by Forbes indicated that the five...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Hamilton County Judges Hamilton County judges try...Ch. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Prob. 4.2.2CPCh. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Prob. 4.2.5CPCh. 4 - Rob's Market Rob's Market (RM) is a regional food...Ch. 4 - Prob. 4.2.7CPCh. 4 - Prob. 4.2.8CPCh. 4 - Prob. 4.2.9CPCh. 4 - Rob's Market Rob's Market (RM) is a regional food...
Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Text book image
College Algebra
Algebra
ISBN:9781337282291
Author:Ron Larson
Publisher:Cengage Learning
Text book image
College Algebra
Algebra
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License