A survey conducted by CBS News asked 1,026 respondents What would you do with an unexpected tax refund The responses are summarized in the following table P 69 a Calculate the point estimate of the population proportion of those who would put the tax refund in the bank b Calculate the point estimat...

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A survey conducted by CBS News asked 1,026 respondents: What would you do with an unexpected tax

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A survey conducted by CBS News asked 1,026 respondents: "What would you do with an unexpected tax refund?" The responses are summarized in the following table. P-69

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a. Calculate the point estimate of the population proportion of those who would put the tax refund in the bank.

b. Calculate the point estimate of the population proportion of those who never get a refund.

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Business Statistics Communicating With Numbers

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Authors: Kelly Jaggia

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Question Posted: Jul 25, 2024 08:02 AM

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A survey conducted by CBS News asked 1,026 respondents: What would you do with an unexpected tax

Question:

Response Frequency Pay off debts 482 Put it in the bank 308 Spend it 112 I never get a refund 103 Other 21

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Business Statistics Communicating With Numbers

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