A poll solicits a large number of college

BUSN 340 week 1 homework
Subject
Mathematics

Question Description
Complete the following questions from the text and upload your answers here.

Page 16 #6, 8, 10, 12 and Page 46 #28, 30, 34, 42, 46

#6. Explain the difference between a sample and a population?

#8. For the following questions, would you collect a sample or a population? Why?

a. Statistics 201 is a course taught at a university. Professor Rauch has taught nearly 1,500 students in the course over the past 5 years. You would like to know the average grade for the course.

b. As part of a research project, you need to report the average profit as a percentage of revenue for the #1-ranked corporation in the Fortune 500 for each of the last 10 years.

c. You are looking forward to graduation and your first job as a salesperson for one of five large pharmaceutical corporations. Planning for your interviews, you will need to know about each company's mission, profitability, products, and markets.

d. You are shopping for a new MP3 music player such as the Apple IPod. The manufacturers advertise the number of music tracks that can be stored in the memory. Usually, the advertisers assume relatively short, popular songs to estimate the number of tracks that can be stored. You, however, like Broadway musical tunes and they are much longer. You would like to estimate how many Broadway tunes will fit on your MPS player.

#10. A poll solicits a large number of college undergraduates for information on the following variables: the name of their cell phone provider (AT&T, Verizon and so on), the numbers of minutes used last month (200, 400 and so on), and their satisfaction with their service (terrible, good and so on). What is the data scale for each of these three variables?

#12. Utilize the concepts of sample and population to describe how a presidential election in unlike and "exit" poll of the electorate.