Business 231 Quantitative Methods

Winter 2021

Assignment 1

Last Name: [INSERT LAST NAME HERE]

First Name: [INSERT FIRST NAME HERE]

Student Number: [INSERT STUDENT NUMBER HERE]

By signing above, I acknowledge that I have not received help from anyone else on this assignment, nor have I given help to anyone else on this assignment. I understand that any violation of the preceding statement will result in a 0 grade on the assignment as per the Academic Integrity Policy for Camosun College students.

Due Date: Friday, January 22nd at 11:59PM.

Total Marks: 10 marks; 10% of total course grade.

Dropbox: Submit your assignment as a WORD document in the appropriate D2L dropbox using the following document naming protocol: BUS231_A1_Firstname_Lastname.docx.

Instructions: This is an open book assignment that must be completed individually. You may refer to any course material available on D2L. Please organize your solutions and show all your work this includes providing screenshots of relevant Excel output, using the equation editor, and providing units where necessary. Keep all decimal places during intermediate calculations you may round your final answer to two decimal places, unless stated otherwise.

Accompanying Excel Workbook: BUS231_A1_Data

Question #1

The Tesla worksheet in the data pack represents the listing price (measured in dollars) for a random sample of 40 used Tesla Model 3 cars.

a. Construct a 90% confidence interval for the average listing price of a used Tesla Model 3 car. (5 marks)

Confidence Interval Formula: [insert here]

Point Estimate: [insert here]

Excel Formula for z or t: [insert here]

Standard Error: [insert here]

Margin of Error: [insert here]

Lower Confidence Limit: [insert here]

Upper Confidence Limit: [insert here]

Question #2

A random sample of 50 college students were asked the following question: do you use a Netflix subscription paid for by someone else? The results of the survey can be found on the Netflix worksheet in the data pack.

a. Construct a 95% confidence interval for the proportion of college students that use a Netflix subscription paid for by someone else. (5 marks)

Confidence Interval Formula: [insert here]

Point Estimate: [insert here]

Excel Formula for z or t: [insert here]

Standard Error: [insert here]

Margin of Error: [insert here]

Lower Confidence Limit: [insert here]

Upper Confidence Limit: [insert here]

Applied Sciences
Architecture and Design
Biology
Business & Finance
Chemistry
Computer Science
Geography
Geology
Education
Engineering
English
Environmental science
Spanish
Government
History
Human Resource Management
Information Systems
Law
Literature
Mathematics
Nursing
Physics
Political Science
Psychology
Reading
Science
Social Science
Home
Homework Answers
Blog
Archive
Tags
Reviews
Contact
twitterfacebook
Copyright © 2021 SweetStudy.com

Our Service Charter

1. Professional & Expert Writers: Topnotch Essay only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided byTopnotch Essay are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Topnotch Essay is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Topnotch Essay, we have put in place a team of experts who answer to all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.