2008 federal trade commission report on consumer fraud

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1. According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft. In that year, Alaska had 321 complaints of identity theft out of 1,432 consumer complaints ("Consumer fraud and," 2008). Does this data provide enough evidence to show that Alaska had a lower proportion of identity theft than 23%? State the random variable, population parameter, and hypotheses.

2. According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft. In that year, Alaska had 321 complaints of identity theft out of 1,432 consumer complaints ("Consumer fraud and," 2008). Does this data provide enough evidence to show that Alaska had a lower proportion of identity theft than 23%? State the type I and type II errors in this case, consequences of each error type for this situation, and the appropriate alpha level to use.

3. According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft. In that year, Alaska had 321 complaints of identity theft out of 1,432 consumer complaints ("Consumer fraud and," 2008). Does this data provide enough evidence to show that Alaska had a lower proportion of identity theft than 23%? Test at the 5% level.

4. In 2008, there were 507 children in Arizona out of 32,601 who were diagnosed with Autism Spectrum Disorder (ASD) ("Autism and developmental," 2008). Nationally 1 in 88 children are diagnosed with ASD ("CDC features -," 2013). Is there sufficient data to show that the incident of ASD is more in Arizona than nationally? Test at the 1% level.

5. The economic dynamism, which is the index of productive growth in dollars for countries that are designated by the World Bank as middle-income are in table #7.3.8 ("SOCR data 2008," 2013). Countries that are considered high-income have a mean economic dynamism of 60.29. Do the data show that the mean economic dynamism of middle-income countries is less than the mean for high-income countries? Test at the 5% level.

Economic Dynamism of Middle Income Countries

25.8057
37.4511
51.915
43.6952
47.8506
43.7178
58.0767
41.1648
38.0793
37.7251
39.6553
42.0265
48.6159
43.8555
49.1361
61.9281
41.9543
44.9346
46.0521
48.3652
43.6252
50.9866
59.1724
39.6282
33.6074
21.6643

Reference no: EM132581522

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