Question
8.5 A market researcher selects a simple random sample ofn=100n=100Twitter users from a population of more than 100 million Twitter-registered users. After analyzing the sample,
8.5 A market researcher selects a simple random sample ofn=100n=100Twitter users from a population of more than 100 million Twitter-registered users. After analyzing the sample, she states that she has 95% confidence that the mean time spent on Twitter per day is between 15 and 57 minutes. Explain the meaning of this statement.
8.7Consider the confidence interval estimate discussed inProblem8.5. Suppose the population mean time spent on Twitter is 46 minutes a day. Is the confidence interval estimate stated inProblem8.5correct? Explain.
8.19How much time do commuters living in or near cities spend commuting to work each week? The file [Commuting Time] contains the average weekly commuting time in 30 U.S. cities.
City | Weekly Commuting Time |
Austin | 132 |
Baltimore | 153 |
Boston | 160 |
Charlotte | 132 |
Chicago | 161 |
Columbus OH | 118 |
Dallas | 140 |
Denver | 137 |
Detroit | 126 |
El Paso | 117 |
Miami | 153 |
Houston | 148 |
Indianapolis | 124 |
Jacksonville | 132 |
Las Vegas | 122 |
Los Angeles | 152 |
Louisville | 119 |
Memphis | 120 |
Milwaukee | 116 |
Nashville | 135 |
New York | 186 |
Philadelphia | 158 |
Phoenix | 130 |
Portland OR | 131 |
San Antonio | 129 |
San Diego | 127 |
San Francisco | 151 |
San Jose | 137 |
Seattle | 147 |
Washington DC | 172 |
Source:Data extracted from Office of the New York City Comptroller, "NYC Economics Brief," March 2015, p. 3.
- a.Construct a 95% confidence interval estimate for the population mean commuting time.
- b.Interpret the interval constructed in (a).
- c.What assumption must you make about the population distribution in order to construct the confidence interval estimate in (a)?
- d.Do you think that the assumption needed in order to construct the confidence interval estimate in (a) is valid? Explain.
8.20The Super Bowl, watched by close to 200 million Americans, is also a big event for advertisers. The file [Super Bowl Ad Ratings] contains the rating of ads that ran between the opening kickoff and the final whistle.
Source:Data extracted fromwww.admeter.usatoday.com/results/2019
For ads that ran before halftime and ads that ran at halftime or after separately:
Company | Rating | Time of Ad | First Half |
NFL | 7.69 | Halftime | No |
Amazon Alexa | 7.34 | Fourth Quarter | No |
Microspft | 7.07 | Fourth Quarter | No |
Hyundai | 7.05 | Fourth Quarter | No |
Verizon | 6.95 | Third Quarter | No |
M & Ms | 6.51 | First Quarter | Yes |
Bubly | 6.43 | Third Quarter | No |
Budweiser | 6.41 | Fourth Quarter | No |
6.39 | Second Quarter | Yes | |
Audi | 6.38 | Second Quarter | Yes |
6.37 | Third Quarter | No | |
Mercedes-Benz | 6.31 | Second Quarter | Yes |
The Washington Post | 6.30 | Second Quarter | Yes |
Stella Artois | 6.32 | Second Quarter | Yes |
Verizon | 6.18 | Fourth Quarter | No |
Bud Light | 6.14 | Second Quarter | Yes |
Bud Light | 6.14 | First Quarter | Yes |
Netflix | 6.11 | Third Quarter | No |
Planters | 5.98 | Second Quarter | Yes |
Toyota | 5.88 | Second Quarter | Yes |
Pepsi | 5.84 | First Quarter | Yes |
Kia | 5.84 | Third Quarter | No |
Bumble | 5.80 | First Quarter | No |
T-Mobile | 5.64 | Fourth Quarter | No |
Doritos | 5.63 | First Quarter | Yes |
T-Mobile | 5.59 | Third Quarter | No |
Pringles | 5.25 | Second Quarter | Yes |
Toyota | 5.52 | Halftime | No |
WeatherTech | 5.50 | First Quarter | Yes |
Olay | 5.34 | First Quarter | Yes |
Marvel Studios | 5.34 | First Quarter | Yes |
Marvel Studios | 5.34 | First Quarter | Yes |
Skechers | 5.29 | Third Quarter | No |
Avocado from Mexico | 5.29 | Second Quarter | Yes |
Universal | 5.15 | Second Quarter | Yes |
Michelob Ultra | 5.14 | Third Quarter | No |
Bud Light | 5.11 | Fourth Quarter | No |
T-Mobile | 5.10 | Second Quarter | Yes |
SimpliSafe | 5.07 | First Quarter | Yes |
Colgate Total | 5.04 | Third Quarter | No |
Amazon Prime Video | 4.96 | Third Quarter | No |
Expensify | 4.95 | Second Quarter | Yes |
Bud Light | 4.96 | Third Quarter | No |
Hulu | 4.85 | First Quarter | Yes |
Devour | 4.84 | Third Quarter | No |
T-Mobile | 4.81 | First Quarter | Yes |
Ron & Viv Spiked Seltzer | 4.63 | First Quarter | Yes |
Norwegian Cruise Lines | 4.61 | First Quarter | Yes |
ADT | 4.59 | Halftime | No |
WeatherTech | 4.55 | Fourth Quarter | No |
MIchelob Ultra Pure Gold | 4.50 | Fourth Quarter | No |
Sprint | 4.45 | Second Quarter | Yes |
Mint Mobile | 4.45 | Second Quarter | Yes |
Peposi Proclean | 4.38 | Second Quarter | Yes |
Turkish Airlines | 4.32 | Second Quarter | Yes |
TurboTax | 4.22 | Second Quarter | Yes |
Wix.com | 3.97 | Third Quarter | No |
Burger King | 3.63 | Fourth Quarter | No |
a.Construct a 95% confidence interval estimate for the population mean ad rating.
b.Interpret the interval constructed in (a).
c.What conclusions can you reach about the ad ratings of ads that ran before halftime and ads that ran at halftime or after?
d.What assumption must you make about the population distribution in order to construct the confidence interval estimate in (a)?
e.Do you think that the assumption needed in order to construct the confidence interval estimate in (a) is valid? Explain.
8.43An advertising media analyst wants to estimate the mean amount of time that consumers spend with digital media daily. From past studies, the standard deviation is estimated as 45 minutes.
- a.What sample size is needed if the media analyst wants to be 90% confident of being correct to within55minutes?
- b.If 99% confidence is desired, how many consumers need to be selected?
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