Net Worth. The Board of Governors of the Federal Reserve System publishes information on family net worth in the Survey of Consumer Finances. In 2010, the mean net worth of families in the United States was $498.8 thousand and the median net worth was $77.3 thousand. Which measure of center do you think is more appropriate? Explain your answer.

Using the same data and information. Please answer this: Should you be encouraging or discouraging credit card sales? In answering this question, consider the following: Is the proportion of credit and non-credit sales significantly different? (a=.05) Is the average sale amount for credit sales different than the average sales amount for non-credit sales? (a=.05)

Determine whether the data is from a primary or secondary source. Primary       Secondary

Determine whether the data set described below is a population or a sample. Explain your reasoning. A survey of 100 randomly selected students at Keller Graduate School of Management that found 15% of the students traveled more than 10 miles to get to campus

The top 14​ speeds, in miles per​ hour, for professional drag racing over the past two decades are listed below. Find the median speed.    181.1     202.2     190.1     201.4     191.3     201.4     192.2           201.2     193.2     201.2     194.5     199.2     196.0     196.2       Question content area bottom Part 1   A. 195.8   B. 196.1   C. 201.2   D. 196.7

ASK YOUR TEACHER The superintendent of a school district wants to determine if there is a statistically significant correlation between expenditures and test scores. She finds the top 10 Sonoma County school districts, ranked by spending, and the test scores shown in the table. Top 10 Sonoma County School Districts by Spending f dollars District Expenditure Test Score (API) Horicon $20,136 676 Fort Ross 17,123 767 Montgomery 16,539 844 Monte Fio 14,280 872 Kenwood 13,248 871 Geyserville 12,499 776 Alexander Valley 11,640 894 Harmony 11,353 863 Two Rock 10,406 866 Roseland 10,059 779 What is the correlation between the expenditure (x) and the test score (y)? (Round your answer to four decimal places.) r = Is this correlation significant at either the 5% or the 1% significance level? Yes, there is a correlation. It is significant at the 1% level. Yes, there is a correlation. It is significant at the 5% level. O No, there is no significant correlation. Need Help? Reid it Additional…

A mother is creating the family budget for next year and wants to come up with a single value to estimate the cost of the water bill every month based on the total from last year divided by 12 months. Which descriptive statistic should she use? O Mode O Median O Mean

What was the average price for a ticket to the Red Sox game in 2018? Team Ticket Other Drink Soft Drink Hot Dog Parking Hat FCI Boston Red Sox   $8.00 $5.25 $5.25 $10.00 $25.00 $345.88

Consider a data set with at least three data values. Suppose the highest value is increased by 10 and the lowest is decreased by 10. (a) Does the mean change? Explain. b) Does the median change? Explain. c) Is it possible for the mode to change? Explain

Determine whether the data set is a population or a sample. Explain your reasoning. The diastolic blood pressure of 10 patients in a hospital containing 200 patients Choose the correct answer below. O A. Population, because it is a collection of blood pressure for all patients in the hospital. O B. Sample, because it is a collection of blood pressure for all patients in the hospital, but there are other hospitals. O C. Sample, because the collection of 10 patients' blood pressures is a subset of all patients in the hospital. O D. Population, because it is a subset of all patients in the hospital. Type here to search