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Popularity of news personalities. A Gallup Poll conducted telephone interviews with 1001 U.S. adults aged 18 and over on July 24-27, 2006. One of the questions asked whether the respondents had a favorable or an unfavorable opinion of 17 news personalities. Diane Sawyer received the highest rating, with 80% of the respondents giving her a favorable rating.39
(a) What is the population for this sample survey? What was the sample size?
(b) The report on the survey states that 8% of the respondents either never heard of Sawyer or had no opinion about her. When they included only those who provided an opinion, Sawyer's approval percent rose to 88% and she was still at the top of the list. Charles Gibson, on the other hand, was ranked eighth on the original list, with a 55% favorable rating. When only those providing an opinion were counted, his rank rose to second, with 87% approving. Discuss the advantages and disadvantages of the two different ways of reporting the approval percent. State which one you prefer and why.
Is demand for courses at the universities that did not increase their fees elastic or inelastic with respect to universities that did increase their fees? What is the importance of this degree of elasticity?
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