For a School Project, Max Must Design a Survey -Show Three Trials by Clearly Labeling the Random Number Table

question 100

Essay

For a school project, Max must design a survey. For his survey he plans to randomly select families and gather information about all the children in each of those families. He must have at least 20 children in his sample. The number of children per family in the U.S. is given in the table below. How many families should Max expect to survey to reach at least 20 children? (treat “5 or more” as 5.)

$\begin{array}{|l|l|l|l|l|l|l|}\hline\text { No. of Children} & 0 & 1 & 2 & 3 & 4 & 5\text { or more} \\\hline\text {\% of families} & 17 & 23 & 25 & 16 & 10 & 9 \\\hline\end{array}$

-Show three trials by clearly labeling the random number table given below. Specify the outcome for each trial.

$\begin{array}{llllll}84432 & 04916 & 52949 & 78533 & 62350 & 20584 \\ 56367 & 19701 & 58765 & 41760 & 43304 & 13399 \\ 97198 & 40974 & 45301 & 60177 & 35604 & 21580\end{array}$

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Definitions:

Accrual System

An accounting method where income and expenses are recorded when they are earned or incurred, regardless of when the cash transactions occur.

Expenses

The outflow of money to another person or company to pay for an item or service or for a category of costs.

Beginning Inventory

The valuation of inventory available for transaction at the start of an accounting timeframe.

Cost of Goods Sold

The financial outlays directly connected with creating the products a company sells, which entail materials and labor.