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this Question
The manager of a home-improvement store is reviewing last year's profit from paint and paint-related accessories. In January, the store earned 5% of its $60,000 profit from paint and paint-related accessories. Based on this information, the manager estimates that the store earned $30, 000 from paint and paint-related accessories last year. A: Is the managers estimate correct? Why or why not? B: Which answer shows the correct estimate for the store's total profit from paint and paint-related accessories last year? Select one answer that is completely correct for question A and select one answer for question B B: $3,000 A: No, the manager incorrectly used the statistic established from his research to estimate the given parameter A: No, the manager incorrectly used the parameter established from his research to estimate the given statistic. A-Yes, the manager correctly used the parameter established from his research to estimate the given statistic. A: Yes, the manager correctly used the statistic established from his research to estimate the given parameter. B: $30,000 B: $15,000 B: $36, 000 A grocery store surveys 200 random customers to see how frequenty they will buy Charlie's Chocolate Cereal. The results indicate that 30 people will by the cereal month Estimate the number of customers that will buy the cereal monthly if 20.000 people shop at the store each m Enter your answer as a number, like this:42 A university conducts a study of tobacco use among 1000 of its students. Researchers survey male volunteers and female volunteers to find the frequency of tobacco use. The study finds that, of the people surveyed, 250 men and 50 women regularly use tobacco. The university concludes that male students use tobacco more frequently than female students. Which of the following situations would create a lurking variable that could impact the study? There may be more than one correct answer. Select all that apply. D if the university surveyed only men who used tobacco at least once in high school, participarnt history would be a lurking variable. nif the university extended the study to include 2000 participants, the number of participants would be a lurking variable. If the university surveyed more men than women, the number of male and female participants would be a lurking variable. If the university surveyed only students aged 18 to 22, the age f participants would be a lurking variable if the university conducted surveys between only 8 a.m, and 2 p.m., the time of day would be a
