Verizon Wireless Would Like to Estimate the Proportion of Households

question 79

Multiple Choice

Verizon Wireless would like to estimate the proportion of households that use cell phones for their phone service without a land line. A random sample of 150 households was selected and 48 relied strictly on cell phones for their service. Using this sample, the point estimate for the proportion of households without land lines is ------------.

• A)0.32
• B)0.25
• C)0.48
• D)0.53

Recognize the causes and effects of the severe depression of 1893.

Discuss the influences on William Jennings Bryan and his political platform.

Identify the forward-thinking aspects of the Populist platform.

Analyze the interaction between federal troops and strikes such as the Pullman Strike.

---

Definitions:

Addicted Smokers

Individuals who have developed a physical and psychological dependence on nicotine found in cigarettes and find it difficult to quit smoking.

Quitting

The act of stopping or giving up a habit or activity, often used in the context of cessation of smoking or substance use.

Inaccurate Estimates

Faulty calculations or judgments about the magnitude or frequency of a particular event or phenomenon.

Short Run

A time period in economic analysis during which at least one input is fixed, affecting the operation of firms and markets.