# 1-2 Homework Problems: Textbook Assignment Assignment

## 1-2 Homework Problems: Textbook Assignment Assignment

1-13.  Suppose Fortune would like to determine the average age and income of its subscribers.  How could statistics be of use in determining these values?

1-21.  Suppose a survey is conducted using a telephone survey method.  The survey is conducted from 9 A.M. to 11 A.M. on Tuesday.  Indicate what potential problems the data collectors might encounter.

1-26.  Briefly describe how new technologies can assist businesses in their data collection efforts.

1-41.  According to the U.S. Bureau of Labor Statistics, the annual percentage increase in U.S. college tuition and fees in 1995 was 6.0%, in 1999 it was 4.0%, in 2004 it was 9.5%, and in 2011 it was 5.4%.  Are these percentages statistics or parameters? Explain.

1-65.  In a business publication such as The Wall Street Journal or Business Week, find a graph or chart representing cross-sectional data.  Discuss how the data were gathered and the purpose of the graph or chart.