Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Demographics and Population Statistics State Farm Insurance Company would like to estimate the proportion of volunteer firefighters across the country who are full-time teachers. The 25 largest volunteer fire companies in the United States are identified. Each is contacted and asked to complete a short survey regarding the number of volunteers and the occupation of each volunteer.

a. Is this an observational or an experimental study?

b. Describe the sample in this problem.

c. Is this a random sample? Justify your answer.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92228878

Have any Question?


Related Questions in Statistics and Probability

Net present valuenbspriggs corp management is planning to

Net present value:  Riggs Corp. management is planning to spend $650,000 on a new- marketing campaign. They believe that this action will result in additional cash flows of $325,000 over the next three years. If the disc ...

Lisa anderson expects to need 80000 for a down payment on a

Lisa Anderson expects to need $80,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 7.25 percent in order to have $80,000 in six years? (Round answer to 2 decima ...

1 explain the meaning of the following termslocation

1) Explain the meaning of the following terms: Location Quotient Coefficient of Specialization Coefficient of Localization 2) Explain and contrast the z-score and the coefficient of variation. 3) Define and describe the ...

How does the cost of capital affect capital investments

How does the cost of capital affect capital investments that the firm makes? Cite examples.

A rainstorm in portland oregon wiped out the electricity

A rainstorm in Portland, Oregon, wiped out the electricity in 10% of the households in the city. Suppose that a random sample of 70 Portland households is taken after the rainstorm. Estimate the number of households in t ...

How is calculating confidence interval different or similar

How is calculating confidence interval different or similar to gambling?

Assume that the class consists of 45 percent freshmen 20

Assume that the class consists of 45 percent freshmen, 20 percent sophomores, 20 percent juniors, and 15 percent seniors. Assume further that 50 percent of the freshmen, 50 percent of the sophomores, 25 percent of the ju ...

An all-equiry business has 175m shares outstanding selling

An all-equiry business has 175M shares outstanding selling for $20/share. Management believes interest rates are unreasonably low and decides to execute a leveraged recapitalization. It will raise $1B in debt and repurch ...

In a recent year 8415394 male students and 4879215 female

In a recent year, 8,415,394 male students and 4,879,215 female students were enrolled as undergraduates. Receiving aid were 62.9% of the male students and 68.3% of female students. Of those receiving aid, 41.9% of the ma ...

A large furniture retailer wants to conduct a customer

A large furniture retailer wants to conduct a customer satisfaction survey. Customers are divided into groups based on the amount of money they have spent at the retailer's stores in the past year: less than $2000, from ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As