] Yes 4. What is the approximate total value of financial investments, exclusive of your home, owned by you or members o

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] Yes 4. What is the approximate total value of financial investments, exclusive of your home, owned by you or members o

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] Yes 4. What is the approximate total value of financial investments, exclusive of your home, owned by you or members of your household? 5. How many stock/bond/mutual fund transactions have you made in the past year? 6. Do you have broadband access to the Internet at home? Yes No 7. Please indicate your total household income last year. 8. Do you have children? Yes_ No The file Professional contains the responses to these questions. The table shows the por- tion of the file pertaining to the first five survey respondents. Managerial Report Prepare a managerial report summarizing the results of the survey. In addition to statistical summaries, discuss how the magazine might use these results to attract advertisers. You might also comment on how the survey results could be used by the magazine's editors to identify topics that would be of interest to readers. Your report should address the follow- ing issues, but do not limit your analysis to just these areas. 1. Develop appropriate descriptive statistics to summarize the data. 2. Develop 95% confidence intervals for the mean age and household income of subscribers. 3. Develop 95% confidence intervals for the proportion of subscribers who have broadband access at home and the proportion of subscribers who have children. 4. Would Young Professional be a good advertising qutlet for online brokers? Justify your conclusion with statistical data. 5. Would this magazine be a good place to advertise for companies selling educational software and computer games for young children? 6. Comment on the types of articles you believe would be of interest to readers of Young Professional. CASE PROBLEM 2: QUALITY ASSOCIATES. INC. *** Quality Associates, Inc., a consulting firm, advises its clients about sampling and statisti- Hola XLSX

The assignment will be based on Chapter 6, Case Problem #1 - Young Professional Magazine, found in the text on pages 324-325, with the following additional questions: 2(a): Is there a difference between the mean age and household income for (1) males and females, and (2) Families with and without children? 3(a): Is the proportion of families with children different for males and females? 7: Analyze the relationship between the value of investments and household income.
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