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BANA 3363 questions well answered to pass A+ graded
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BANA 3363 questions well answered to pass A+ graded
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BANA 3363 questions well answered topass A+ graded
Case Problem: Young Professional Magazine
Young Professional magazine was developed for a target audience of recent college graduates who are in
their first 10 years of a business or other professional career. The magazine has been fairly successful and
the publisher is interested in expanding the publication's advertising base. As a recent hire into the
marketing department at the magazine, you have been asked to help develop a survey asking readers
demographic information and questions about their interests. Your survey results will be used to help
the magazine choose articles of interest and provide advertisers with a profile of subscribers.
The culmination of your work will be a presentation of your findings to management. Therefore, you not
only have to present summary data, but must also be able to explain the results in a manner that is
accurate and easy to understand.
After running your analysis, the software - correct answer ✔✔a. We are 95% confident that the interval
29.7215 to 30.5029 includes the population mean age of all respondents.
Young Professional magazine was developed for a target audience of recent college graduates who are in
their first 10 years of a business or other professional career. The magazine has been fairly successful and
the publisher is interested in expanding the publication's advertising base. As a recent hire into the
marketing department at the magazine, you have been asked to help develop a survey asking readers
demographic information and questions about their interests. Your survey results will be used to help
the magazine choose articles of interest and provide advertisers with a profile of subscribers.
The culmination of your work will be a presentation of your findings to management. Therefore, you not
only have to present summary data, but must also be able to explain the results in a manner that is
accurate and easy to understand.
Your analysis returned the following information about subscriber income:
Using thi - correct answer ✔✔a. ±2828.6, ±3370.3, and ±4429.6
Young Professional magazine was developed for a target audience of recent college graduates who are in
their first 10 years of a business or other professional career. The magazine has been fairly successful and
the publisher is interested in expanding the publication's advertising base. As a recent hire into the
marketing department at the magazine, you have been asked to help develop a survey asking readers
demographic information and questions about their interests. Your survey results will be used to help
the magazine choose articles of interest and provide advertisers with a profile of subscribers.
, The culmination of your work will be a presentation of your findings to management. Therefore, you not
only have to present summary data, but must also be able to explain the results in a manner that is
accurate and easy to understand.
How would changes in sample size affect the margin of error, assuming all else rema - correct answer
✔✔a. A larger sample size would cause the interval to narrow.
Young Professional magazine was developed for a target audience of recent college graduates who are in
their first 10 years of a business or other professional career. The magazine has been fairly successful and
the publisher is interested in expanding the publication's advertising base. As a recent hire into the
marketing department at the magazine, you have been asked to help develop a survey asking readers
demographic information and questions about their interests. Your survey results will be used to help
the magazine choose articles of interest and provide advertisers with a profile of subscribers.
The culmination of your work will be a presentation of your findings to management. Therefore, you not
only have to present summary data, but must also be able to explain the results in a manner that is
accurate and easy to understand.
Based on the following results of your survey, how confident are you that a majorit - correct answer
✔✔b. Near certainty; 50.1% (a majority) is far below the 95% confidence interval for the population
proportion.
How large a sample should be selected to provide a 95% confidence interval with a margin of error of 7?
Assume that the population standard deviation is 20. Round your answer to next whole number. -
correct answer ✔✔32
N= (ZC*SD/ME)^2
n=(1.96*20/7)^2
31.36 which equals 32
A simple random sample of 10 items resulted in a sample mean of 10. The population standard deviation
is 5. Round your answers to two decimal places.
a. What is the standard error of the mean, ?
b. At 95% confidence, what is the margin of error? - correct answer ✔✔A. 1.58
b. 3.09
A simple random sample of 60 items resulted in a sample mean of 80. The population standard
devidation is 15.
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