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- Kendrick Anderson Furniture Maker, LLC creates custom tables in Atlanta. Assume that you are the product manager for the Dining Room Table segment. Your company is planning to meet with a local not-for-profit company that is presenting a proposal for the production of tables for its senior center. Monthly manufacturing costs for the Dining Room Table segment are included below. Assume that the data includes no outliers. Month Total Dining Room Manufacturing Tables Costs Produced Year 1: June $ 22,750 25 July 28,000 45 August 14,199 15 September 29,347 36 October 20,924 24 November 36,774 48 December 19,331 24 Year 2: January 41,659 50 February 18,412 20 March 22,196 25 April 20,958 32 May 15,525 22 June 14,690 15 July 16,292 18 August…The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 448 out of 973 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places. d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? No, the…I need help with question B. I need to know which option to choose from A-D and what number to put in the box of the selection. Note: the answer for question a is already confirmed as correct.
- The government sample survey of 60,000 households each month that produces data on employment, earnings, and many other variables is called the A. General Household Survey. B. Gallup Poll. C. Labor Statistics Survey. D. General Social Survey. E. Current Population Survey.The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 472 out of 1025 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places. d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? O No,…TechBuzz is an IT company that monitors the status of large data warehouses. According to TechBuzz, last year the majority of the data servers used by energy-based companies were over-utilized. A sample of 190 servers (all used by energy-based companies) showed that 142 were over-utilized, 12 were used efficiently, and 36 were underutilized. a. What is the point estimate of the proportion of the servers that were under-utilized? b. Determine the margin of error and provide a 95% confidence interval for the proportion of the servers that were over-utilized. c. What is the minimum sam
- Tony Zamora, a real estate investor, has just moved to Clarksville and wants to learn about the local real estate market. He wants to understand, for example, the relationship between geographical segment of the city and selling price of a house, the relationship between selling price and number of bedrooms, and so on. Tony has randomly selected 25 house-for-sale listings from the Sunday newspaper and collected the data listed below. Garage Number of Size Bathrooms (cars) Segment of City Selling Price (5000) House Size (00 sq. ft.) Number of Bedrooms Northwest 290 21 South 95 11 Northeast 170 19 Northwest 375 38 West 350 24 4 South 125 10 2 West 310 31 4 West 275 25 3 Northwest 340 27 5 Northeast 215 22 4 Northwest 295 20 4 South 190 24 4 Northwest 385 36 5 West 430 32 5 South 185 14 3 South 175 18 4 Northeast 190 19 4 Northwest 330 29 4 West 405 33 5 Northeast 170 23 4 West 365 34 5 Northwest 280 25 4 South 135 17 3 Northeast 205 21 4 West 260 26 4 232022222NON 2233232122 a. Construct…Identify some problems or concerns that researchers face in data collection and some causes of those problems.An agent for a residential real estate company in a suburb located outside a major city has the business objective of developing more accurate estimates of the monthly rental cost for apartments. Toward the goal, the agent would like to use the size of an apartment, as defined by square footage to predict the monthly rental cost. The agent selects a sample of 8 one-bedroom apartments and the data are shown. Monthly Rent ($) 925 1,550 800 1,450 1,950 950 1,800 1,300 Size (Square Feet) 800 1,350 1,050 1,100 2,000 650 1,300 950 . Construct a scatter plot. Choose the correct graph below. A. 02,00002,000Size (sq ft)Rent ($) A scatter plot has a horizontal axis labeled Size (in square feet) from 0 to 2000 in increments of 400 and a vertical axis labeled Rent ($) from 0 to 2000 in increments of 400. A series of plotted points are clustered around a line that falls from left to right passing through…
- The average annual premium for automobile insurance in the US is $1503. The following annual premiums are representative of the website's findings for Michigan state. $1905, $2370, $2184, $2981, $2725, $2545, $2332, $2627, $2677, $2529, $3112, $2857, $2600, $2442, $2545, $2675, $2962, $2312, $2525, $2115 a) Provide a point estimate of the mean automobile insurance premium in Michigan. b) Develop a 95% confidence interval for the mean annual automobile insurance premium in Michigan. c) Does the 95% confidence interval for the annual automobile insurance premium in Michigan include the national average for the US? Interpret the relationship between auto insurance premiums in Michigan and the national average.A Federal Milk Order has the following class prices and milk utilization: Class I $19.57/Cwt. 25% Class II $15.52/Cwt. 10% Class III $18.10/Cwt. 40% Class IV $18.38/Cwt. 25% What is the weighted average price? O $16.28 O $18.28 O $17.65 O $19.25According to the 2017 Corporate Travel Index compiled by Business Travel News, the average daily cost for business travel in the United States rose to $321 per day (Executive Travel website). The file Travel contains sample data for an analogous study on the estimated daily living costs for an executive traveling to various international cities. The estimates include a single room at a four- star hotel, beverages, breakfast, taxi fares, and incidental costs. Click on the datafile logo to reference the data. DATA file City Daily Living Cost ($) City Daily Living Cost ($) Bangkok 242.87 Мехico City 212.00 Bogota 260.93 Milan 284.08 Cairo 194.19 Mumbai 139.16 Dublin 260.76 Paris 436.72 Frankfurt 355.36 Rio de Janeiro 240.87 Hong Kong 346.32 Seoul 310.41 Johannesburg 165.37 Tel Aviv 223.73 Lima 250.08 Toronto 181.25 London 326.76 Warsaw 238.20 Madrid 283.56 Washington, D.C. 250.61 a. Compute the sample mean (to 2 decimals). 260.21 b. Compute the sample standard deviation (to 2 decimals). S…