According to the Census Bureau projections, Hispanics will comprise 28.6% of the total population in 2060 (CNN,

Question:

According to the Census Bureau projections, Hispanics will comprise 28.6% of the total population in 2060 (CNN, March 6, 2019). For comparison, they comprised just 18.1% of the total population in 2018.

a. What is the expected value and the standard deviation of Hispanics in a random sample of 5,000 people in 2018?

b. What is the corresponding expected value and the standard deviation projected for 2060?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

See More Books

Question Posted: Feb 16, 2023 03:54 AM

See More Questions

What is the expected value of perfect information?
What are the expected value and the standard deviation of the sample proportion P-hat if the true population proportion is 0.2 and the sample size is n = 90?
What is the expected value of a lottery? What is the variance?
Papas Fried Chicken bought equipment on January 2, 2013, for $ 39,000. The equipment was expected to remain in service for four years and to perform 11,000 fry jobs. At the end of the equipments...
A college professor can see objects clearly only if they are between 70 and 500 cm from her eyes. Her optometrist prescribes bifocals (Fig. 25.23) that enable her to see distant objects through the...
What is data mining? What are the primary data types for data mining? For marketers, what are some of the most important applications? LOL
Find the probability that a randomly selected representative is female. Find the probability that a randomly selected senator is female.
Select the best answer to the following multiple-choice questions: 1. Which of the following adjustments would likely be made when moving from governmental funds financial statements to...
Exercise 4.5 (Static) Preparing Adjusting Entries to Accrue Revenue and Expenses for Which No Cash Has Been Received (L04-1, LO4-2, LO4-3, LO4-4, L04-5, L04-6, LO4-7) The geological consulting firm...
Consider the following transportation problem data for Baker Industries (these data are available in the Excel worksheet Baker Industries on MindTap): Use the techniques explained in Supplement E:...
As of 2018, 30% of Americans have confidence in U.S. banks, which is still below the pre-recession level of 41% reported in June 2007 (www.gallup.com, June 28, 2018). a. What is the probability that...
Researchers from leading universities have shown that divorces are contagious (Chicago Tribune, August 16, 2018). A split-up between immediate friends increases a persons own chances of getting...
Imagine you are running the marketing research department of a large FMCG brand with declining market share. Explain how you would brief a marketing research agency to find out what is going wrong...
A year-end cut-off error occurred in 2017. A large shipment of nonperishable supplies arrived from South America on the last day of 2017 and had been left in the shipping containers outside the main...
15. [5] It's not so difficult to incorporate time-varying volatility into the BSM model as long as the time variation is not random. Assume a BSM economy, but this time, assume that the volatility of...
3.6. Explain and discuss the potential benefits to be gained by using blade twist, plan- form taper, low solidity, large radius, and low rotational speed for the main rotor of a heavy lift helicopter...
2. A VRM (Voltage Regulator Modul) is used to supply the voltageto the CPU of a computer. In the new generation of microprocessors,whose power consumption is 100W, the input voltage to the VRM is12V...
Alvarado Company produced 6,400 units of product that required 5.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.80 per direct labor hour. The actual...
In 2016, when the interest rate on 10-year German government bonds became negative, an article in the Wall Street Journal noted that the interest rate on 10-year bonds depended in part on investors...
If M = 7, s = 2, and X = 9.5, what is z?
How would our marketing system change if manufacturers were required to set fixed prices on all products sold at retail and all retailers were required to use these prices? Would a manufacturers...
Is price discrimination involved if a large oil company sells gasoline to taxicab associations for resale to individual taxicab operators for 2 cents a gallon less than the price charged to retail...
Joe Tulkin owns Tulkin Wholesale Co. He sells paper, tape, file folders, and other office supplies to about 120 retailers in nearby cities. His average retailer-customer spends about $900 a month....
Dr. Claudia Gomez, a plastic surgeon, had just returned from a conference in which she learned of a new surgical procedure for removing wrinkles around eyes, reducing the time to perform the normal...
QUESTION 2 ( 2 0 Marks ) 2 . 1 REQUIRED Study the information provided below and prepare the Income Statement for the year ended 3 1 December 2 0 2 3 using the marginal costing method. INFORMATION...
DROP DOWN OPTIONS: FIRST SECOND THIRD FOURTH 5. Cost of new common stock A firm needs to take flotation costs into account when it is raising capital fromY True or False: The following statement...

According to the Census Bureau projections, Hispanics will comprise 28.6% of the total population in 2060 (CNN,

Question:

Step by Step Answer:

a b EX 5000 ...View the full answer

Business Analytics Communicating With Numbers

Students also viewed these Business questions