Question
1.A young actuary has been asked to summarize the number of automobile accidents which his company has settled in the last year and counties the
1.A young actuary has been asked to summarize the number of automobile accidents which his company has settled in the last year and counties the number of accidents in each region: North, South, East, and West. He summarizes the counts by region in a chart and gives the chart to his supervisor.Descriptive
The August 23, 1999 issue of the Tampa Tribune reported on a study involving data volunteered by 17,251 users of the abcnews.com web site. Users of the site were asked to respond to questions including whether they used the Internet to escape problems, tried unsuccessfully to cut back their internet use, and found themselves preoccupied with the Internet even when not using it. Almost 6% of those responding confessed to some sort of addiction to the Internet.
The number 6% applies to the sample so it is a statistic. Define the corresponding parameter of interest in this study.
Parameter of Interest: All the responding individuals who confessed to some sort of addiction to the Internet.
Having trouble with this problem. Above is my answer I just wanted any help I could get :)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started