Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A headline in a certain newspaper states thatmost stay at first job less than 2years. That headline is based on an online poll of 360

A headline in a certain newspaper states that"most stay at first job less than 2years." That headline is based on an online poll of 360 college graduates. Among thosepolled, 72% stayed at their firstfull-time job less than 2 years. Complete parts(a) through(d).

a. Assuming that50% is the true percentage of graduates who stay at their first job less than twoyears, find the mean and standard deviation of the numbers of such graduates in randomly selected groups of 360 graduates.

The mean is___graduates. (Do notround.)

The standard deviation is____graduates.

(Round to one decimal place asneeded.)

b. Assuming that the50% rate in part(a) iscorrect, find the range of usual values for the numbers of graduates among 360 who stay at their first job less than two years.

The numbers of graduates among 360 who stay at their first job less than two years should usually fall between__and__.

(Use ascending order. Round to one decimal place asneeded.)

c. Find the actual number of surveyed graduates who stayed at their first job less than two years. Use the range of values from part(b) to determine whether that number is unusual. Does the result suggest that the headline is notjustified?

The actual number of surveyed graduates who stayed at their first job less than two years is___.

(Round to the nearest whole number asneeded.)

Is the actual number of surveyed graduates who stayed at their first job less than two yearsunusual?

A.

Since the actual number is outside of the range of usual values found in part(b), it is unusual.

B.

Since the actual number is outside of the range of usual values found in part(b), it is not unusual.

C.

Since the actual number is inside of the range of usual values found in part(b), it is unusual.

D.

Since the actual number is inside of the range of usual values found in part(b), it is not unusual.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals, Multivariable

Authors: Michael Sullivan, Kathleen Miranda

2nd Edition

131924288X, 9781319242886

More Books

Students also viewed these Mathematics questions