Provide an appropriate response.
-A U.S. government report stated that "With bank interest rates at 3.0%, 21% of wage earners believe it
Worthwhile to keep money in a savings account. However, at 5.0% interest, 27% of wage earners believe it
Worthwhile to keep money in a savings account. The margin of error for both studies is 4 percentage points."
The goal of the study
A) was to determine the effect of interest rates on the percentage of persons saving money.
B) was to prove that higher interest rates encourage more people to save money.
C) is not clear from the report of the study.
D) was to determine the effect of an interest rate increase from 3% to 5% on the percentage of persons saving money.
Correct Answer:
Verified
Q33: Provide an appropriate response.
-A poll of 700
Q34: Answer the question.
-Based on a poll, a
Q35: Answer the question.
-Following the Republican National Convention,
Q36: Answer the question.
-Of 54 college students interviewed,
Q37: Provide an appropriate response.
-A poll of 700
Q39: Answer the question.
-A poll of 500 citizens
Q40: Provide an appropriate response.
-A poll of 700
Q41: Determine whether a census is practical in
Q42: Provide an appropriate response.
-A pollster wanted to
Q43: Provide an appropriate response.
-You want to determine
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