Question

**On an average**, a person in the United States
spends $10,348 on healthcare annually (2016 data,
**ref**). If you were doing a study to update this
result for 2017-2018, how would you select your sample and why?

Answer #1

We will select our sample using Stratified Sample Technique as follows:

Step 1:

Decide the Total Sample size for the study, based on statistical
methods. Simce the population of United States is large, obtaining
a reasonable sample size requires approximating assumptions.

Step 2:

Divide the entire United States into various strata: here, the various strata can be the various states.

Step 3:

Compute the sample size required for each state depending on the opulation of the state.

Step 4:

Collect data on the amount of money spent by each person in the sample on healthcare annually for 2017-2018.

Step 5:

The entire data collected in such a way will provide the accurate sample for our above study.

discuss how you would effectively implement a new healthcare policy
in the United States and how you would deal with the internal and
external threats that would arise from your new healthcare policy
(become the fulcrum) 400-500 words please

v
se the data in the table to compute economic growth rates for
the United States from 2016 to 2017. Note that all data is from the
end of the year specified.
Date
Nominal GDP (billions of current $)
GDP deflator
Population growth
2015
$18,219
105.05
0.74%
2016
$18,707
106.04
0.73%
2017
$19,485
107.97
0.64%
2018
$20,494
110.77
0.62%
Group of answer choices
-1.74%
-0.52%
0.91%
1.70%

A researcher wishes to estimate the average number of minutes
per day a person spends on the Internet. How large a sample must
she select if she wishes to be 99% confident that the population
mean is within 10 minutes of the sample mean? Assume the population
standard deviation is 42 minutes. Round your final answer up to the
next whole number

A researcher wishes to estimate the average number of minutes
per day a person spends on the Internet. How large a sample must
she select if she wishes to be 90% confident that the population
mean is within 11 minutes of the sample mean? Assume the population
standard deviation is 40 minutes. Round your final answer up to the
next whole number.

There are over 5,000 banks in the United States—more than 10
times more per person than in other industrialized countries. A
recent study suggests that the long-run average cost curve for an
individual bank is relatively flat. If Congress took steps to
consolidate banks (merge some of the banks), thereby reducing the
total number to 2,500, what would you expect to happen to average
costs within the banking industry? Please explain.

Compare how the United States differs from the United Arab
Emirates on Hofstede's five dimensions of culture.
Power Distance
Individualism versus
Collectivism
Masculinity versus
Femininity
Uncertainty
Avoidance
Long-Term
Orientation
Explain how your knowledge of these differences would influence
you as a global manager if you were doing business
internationally.
Please don't hand write.
Thank you.
Please don't hand
write.
Thank you.

10.
The 2003 Statistical Abstract of the United States reported the
percentage of people 18 years of age and older who smoke. Suppose
that the study select 2017 people using a simple random sample and
finds 520 smokers. At 95% confidence, what is the margin of error?
Round your answers to four decimal places.

In 2016 the Better Business Bureau settled 80% of complaints
they received in the United States. Suppose you have been hired by
the Better Business Bureau to investigate the complaints they
received this year involving new car dealers. You plan to select a
sample of new car dealer complaints to estimate the proportion of
complaints the Better Business Bureau is able to settle. Assume the
population proportion of complaints settled for new car dealers is
0.80, the same as the...

An epidemiologist is studying cases of tuberculosis throughout
the United States. In 2017, the national average for cases of
tuberculosis was 2.8 per 100 people. Indiana and Illinois are not
at the national average. Their data is in the table
below.
Indiana
Illinois
Number of TB Cases
15
26
Sample Size
1000
1000
Let p1 be the proportion of TB cases in Indiana and p2 be the
proportion of TB cases in Illinois.
Is there enough evidence at α=0.01 to...

Question 3:
There are over 5,000 banks in the United States—more than 10
times more per person than in other industrialized countries. A
recent study suggests that the long-run average cost curve for an
individual bank is relatively flat. If Congress took steps to
consolidate banks (merge some of the banks), thereby reducing the
total number to 2,500, what would you expect to happen to average
costs within the banking industry? Please explain. There are over
5,000 banks in the...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 8 minutes ago

asked 8 minutes ago

asked 36 minutes ago

asked 50 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago