New York Survey DataInstructionsA consulting firm was hired to perform a survey on people living in New York City. The survey was completed monthly for six months by 445 randomly selected people in different boroughs. There were a number of items on the survey, but six basic biographical items will be studied for this exercise. The data for the people surveyed in one of these monthly surveys can be found in the Excel file SURVEY. The variables that were used for the basic biographical data are found on the last page of the exercise.In this exercise, some of the estimation techniques presented in the module will be applied to the New York survey results. You may assume that these respondents represent a simple random sample of all potential respondents within the community, and that the population is large enough that application of the finite population correction would not make an appreciable difference in the results.New York City governmental agency personnel like to have point estimates regarding variables describing the biographical information of the people living within the different boroughs. It is very helpful for them to have some idea regarding the likely accuracy of these estimates as well. Therein lies the benefit of the techniques presented in this module and applied here.Item A in the description of the data collection instrument lists variables 1 through 5, which represent the respondent’s general attitude toward each of the five boroughs. Each of these variables has numerically equal distances between the possible responses, and for purposes of analysis they may be considered to be of the interval scale of measurement.Determine the point estimate, and then construct the 95% confidence interval for μ1= the average attitude toward Manhattan.Repeat part (a) for μ2through μ5, the average attitudes toward Brooklyn, Queens, The Bronx and Staten Island, respectively.Given the breakdown of responses for variable 6 (highest level of education), determine the point estimate, then construct the 95% confidence interval for π6= the population proportion of doctoral degrees.Given the breakdown of responses for variable 7 (marital status of respondent), determine the point estimate, and then construct the 95% confidence interval for π7 = the population proportion in the “single or other” category.Assume the governmental agencies requested estimates of the mean attitudes towards each borough with a margin of error of 0.05 for each borough. If the governmental agency personnel want to have 95% confidence that the sample mean will fall within this margin of error, how large should the sample sizes be for each borough?Paper RequirementsMUST BE IN APA FORMAT!! Items that should be included, at a minimum, are a title page, an introduction, a body that answers the questions posed in the problem, and a conclusion paragraph that addresses your findings and what you have determined from the data and your analysis. As with all written assignments, you should have in-text citations and a reference page too. Please include any tables of calculations, calculated values and graphs associated with this problem in the body of your assignment response.NOTE: You MUST submit your Excel file with your report. This will aid in grading with partial credit if errors are found in the report.A. General Attitude toward Each Borough (Variables 1–5)1. Manhattan2. Brooklyn3. Queens4. The Bronx5. Staten IslandLike Very Much(5)(5)(5)(5)(5)Like(4)(4)(4)(4)(4)Neutral(3)(3)(3)(3)(3)Dislike(2)(2)(2)(2)(2)Dislike Very Much(1)(1)(1)(1)(1)B. Information about the Respondent (Variables 6–7)What is your highest level of education? (1) = Did not complete High school(2) = High school degree/GED(3) = Associate’s degree(4) = Bachelor’s degree(5) = Master’s degree(6) = Doctoral degreeMarital Status: (1) = Married (2) = Single or other

Option #2: Quantity and PricingAs a manager, you have the following data collected by your data analyst regarding the price and quantity demanded.PriceQuantity Demanded35003270330037963100435529004951280052652650575724006640Using a graphing utility, draw a scatter diagram with price as a function of demand.Using a graphing utility, build a logarithmic model from the data.Graph the logarithmic function in the scatter diagram.Use the function you found in the second bulleted item to predict the number of quantities that will be demanded if the price is $1750. Round to the nearest whole number.Use the function you found in in the second bulleted item to predict the price, if the quantity demanded is 174. Round to the nearest whole number.Requirements:Paper must be written in 3rdYour paper should be 4-5 pages in length (counting the title page and references page) and cite and integrate at least one credible outside source. Include a title page, introduction, body, conclusion, and a reference page.The introduction should describe or summarize the topic or problem. It might discuss the importance of the topic or how it affects you or society as a whole, or it might discuss or describe the unique terminology associated with the topic.The body of your paper should answer the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure this is in paragraph format, not numbered answers like a homework assignment.The conclusion should summarize your thoughts about what you have determined from the data and your analysis, often with a broader personal or societal perspective in mind. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs.Include any tables of data or calculations, calculated values, and/or graphs associated with this problem in the body of your assignment.Document formatting, citations, and style should conform to the APA standard.

#1) Find the expected value for the probability model shown below. Value $2 $4 $8 $30Probability 0.25 0.5 0.17 0.08 #2) Find the missing value (???) in the probability model shown below.  Value $2 $5 $8 $11Probability 0.18 0.33 ??? 0.28 #3) In the probability model given below, the expected value is - $1.55. Find the missing value, x.  Value $4 -$5 x -$8  Probability 0.20 0.45 0.15 0.20 #4) A large number of people were polled and asked which of four different animals were their favorite. 13% said Penguin, 21% said Iguana, 22% said Parrot, and 44% said Turtle. Suppose you decide to carry out a simulation given these percentages. You decide to select two digits at a time. Which would be a proper assignment of digits for these teams?  a) 01-13 = Penguin, 01-21 = Iguana, 01-22 = Parrot, 01-44 = Turtleb) 00-13 = Penguin, 14-34 = Iguana, 35-56 = Parrot, 57-99 = Turtlec) 01-13 = Penguin, 14-35 = Iguana, 36-58 = Parrot, 59-99 & 00 = Turtled) 01-13 = Penguin, 14-34 = Iguana, 35-56 = Parrot, 57-99 & 00 = Turtlee) None of These #5) The expected value for the following scenario is $1.60. Write two different equations that give both a simplified equation using the expected value and a simplified equation for the total of all probabilities in the probability model.  Value $3 -$4 $17Probability x y 0.08 #6) Suppose that there are 513 students who are currently enrolled in AP Calculus and that we are looking for five randomly selected students to survey about their experiences in AP Calculus. The digit combinations 001-513 are assigned to represent the 513 students currently enrolled in AP Calculus. Using the random digits below, what are the numbers of the five students that will be selected for the survey? 71548 15233 53946 68713 72468 27601 13703 88692  Student 1 = #_____, Student 2 = #_____, Student 3 = #_____, Student 4 = #_____, Student 5 = #_____ #7) If you buy a ticket in a certain lottery game, 30% of the players will get paid $1, 20% of the players will get paid $6, and 5% of the players will get paid $55. All other players get paid nothing. What is the expected amount that a player of this lottery game will get paid?  #8) In a certain card game you draw one card off a standard deck of 52 cards. If you draw a spade you get paid $12, if you draw a red Ace you get paid $20, and if you draw a red Queen you get paid $38. If you draw anything else, you get paid nothing. What should this game cost if it is to be a fair game? Use fractions in your work and then calculate the answer as a decimal rounded to 4 decimal places.