According to Estimates by Paul Kroger Associates, the Percent of Households

question 23

Essay

According to estimates by Paul Kroger Associates, the percent of households that own VCRs is given by , where t is measured in years, with t = 0 corresponding to the beginning of 1985.
What percent of households owned VCRs at the beginning of 1985? Round your answer to the nearest tenth.
__________%
At the beginning of 1993?.Round your answer to the nearest tenth.
__________%

---

Definitions:

Inferential Statistics

The branch of statistics that allows for making predictions or inferences about a population based on a sample of data.

Descriptive Statistics

Statistical methods that summarize and organize data into patterns and trends, without drawing conclusions or inferring beyond the data.

Correlation Coefficient

A statistical measure that calculates the extent to which two variables change together or the degree of association between them.

Correlate

To have a mutual relationship or connection, in which one thing affects or depends on another.